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Qihoo 360 Technology Co. Ltd. Message Board

  • tianyiinvest2013 tianyiinvest2013 Jan 8, 2014 8:57 PM Flag

    News is out, QIHU confirms no investment from Alibaba


    italiatlt, you are so smart!

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    • thanks Tiany. Nah, just been doing this along time. Its funny how everyone hates me when I tll them to buy or sell. The best part was yesterday when most people were posting that QIHU was a break out, Technically it was not. These people are not schooled in TA. A Breakout is in BITA. QIHU broke out months ago and has been experienceing a series of smaller daily pops and slides trying to find a base...These indicators always suck people in with falsehood. I actually bought puts on BITA at the close after selling my shares at $35. It won't keep moving higher forever. Notice I had a hold on QIHU yesterday after selling my calls. I still believe it will be near $80 soon and think at that price its a good buying opp for a small managable position, one that you can write calls on when it rises and buy calls when it falls.

      Sentiment: Hold

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