Dow Jones forecast for this week

Investors are shaken by the selloff yesterday. Is this the sign of reversal or is it a buying opportunity? 

Look at the Volume and the selling. It is high but look at the lower wick. There are buying. Today when the  market open, I know that is purely buying opportunity for Smart Money. There are still upside. Thus just keep buying till end of Dec.

BABA - Alibaba

Is this dying? is it going down?

Today is a buying opportunity. It is consolidating. Target price is around 112-115. As long as it end with white candle it has higher probability of going up. Watch. the breakout should be the issuance of IPO of MOMO on the 12 Dec 2014. This is in line with WUBA as well. 

GPRO - GoPro

The downside is likely to end anytime. The decrease of the stock is accompanied by the decreasing of volume. This is unusual. The stock has been consolidating sideway. Do try to accumulate this shares at 65-70 range where the risk is lower.

AAPL - Apple

Yesterday down is a big buying opportunity for the bull.However until I see this candle now, it is telling me that the stock is gathering more volume to break the 120 resistance. It does not have the strength. Thus I can see that Monday down create fear to retailer to let go the shares while Smart Money is now on the way for the upside.

WUBA - 58.com

This stock is likely to breakout soon. I can see Big buyer accumulating shares at 47 range. 

Do ride on this stock if you want to make money. Target price is 50-51 then  55.

FB - Facebook

Do put this on your watchlist. Once you see a big white bar and also 30SMA and 10SMA, then we will be in for start of uptrend. We should see this retesting 82 soon.

TWTR - Twitter

This is definitely not a stock to hold now. We are seeing more downside. Every rebound is a short for investor interested in shorting.. We should see it test 36. However I believe the buy should be 30-32.