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Stock Market & Financial Investment News

News Breaks
April 25, 2014
10:10 EDTWBWeibo falls, levels to watch
Following the breakdown below support at $22, shares have accelerated to the downside. Shares are off another 3.8% to $19.74. At current price, next support is at $16.26, the post-trading debut low. Resistance is at $20.44, the previous close.
News For WB From The Last 14 Days
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August 27, 2015
10:00 EDTWBOn The Fly: Analyst Upgrade Summary
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09:28 EDTWBWeibo management to meet with Brean Capital
Meeting to be held in Boston on September 3 hosted by Brean Capital.
06:07 EDTWBWeibo upgraded to Buy from Hold at Summit Research
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August 25, 2015
12:52 EDTWBWeibo management to meet with Summit Research
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August 20, 2015
07:20 EDTWBCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
August 18, 2015
16:33 EDTWBWeibo sees Q3 revenue $120M-$123M, consensus $121.89M
16:32 EDTWBWeibo reports Q2 EPS 2c, consensus 3c
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13:41 EDTWBWeibo technical comments before earnings news
The tone of the chart is bearish, despite the recent bounce in price. If there is a bearish disappointment, the level to watch is the lifetime low at $12.11. If that price is taken out on the downside, there is not established support, with a drift to the $11 area likely, or lower. If the news is instead a bullish surprise, the first significant area of resistance would be at $14.16, the 30-day moving average. A breakout above the 30-day would be bullish, with the following resistance levels becoming potential upside objectives: $15.16, $15.45, and $16.19. With over 16% of the float short, a positive surprise could see significant buy-to-cover demand within a very small trading float.

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