Zto Express Ads Cl A – ZTO

2018-07-20

I closed out the position yesterday, because I was sitting on a 4%+ gain yesterday and I checked the stock…

I was sitting on at -2% loss! I had expected that there would be a sell off, but not a drop that would drop to my cost point. My reading the chart and volume that there should be support at my cost level. The fact it touched it told me that something was wrong.

So, I sold at a -1% loss. I walked away, but this is still on my watch list

Here is the 3 month chart from Stockcharts.com

ZTO 3 Month Daily Chart 2018-07-20 Stockcharts

2018-07-13

This company came to my my attention being featured in the Investor’s Business Daily VOL 35 N.O. 10 Week of June 11, 2018 in IPO Leaders. I started watching it and thought the timing was right. I bought in the first hour of trading and I got filled at $20.84

IBD Rankings today
Composite Rating: 97
EPS Rating: 98
RS Rating: 90
Group RS Rating: B-
SMR Rating: A
Acc/Dis Rating: c
ROE: 15.8%
Debt: 0%
Outstanding Shares: 721.3m

5 year Monthly chart from bigcharts.com

1 year daily chart from bigcharts.com

ZTO 5 Year Monthy from Bigcharts 2018-07-13

1 Year Daily Chart from Stockcharts.com

ZTO 1 Year Daily from Bigcharts 2018-07-13

3 Month Daily Chart from Stockcharts.com

ZTO 3 Month Daily from Bigcharts 2018-07-13

3 Month Daily Chart from Stockcharts.com

ZTO 3 Month Daily from Stockcharts 2018-07-13