IvanLabrie

YY: Good valuation and fundamentals, great chart setup

Long
IvanLabrie Updated   
NASDAQ:YY   JOYY Inc.
$YY has a great chart here, paired with very interesting growth potential, and current valuation metrics.
We're long and averaging into a long term position as well.

Best of luck,

Ivan Labrie.
Comment:

Broke resistance, acting well...could be a huge move. Next target is $130 within 7 weeks or less. Hodl!
Comment:
Trade closed manually:
#YY could drop dramatically after earnings, or during the next few days, I took profits and will wait in cash I can buy back once it falls.
Comment:

Held above the mode, but it still failed to hit the upside target on time, which is a sign of weakness, I expect sideways/downwards action here for now...I'll reasess after earnings.
Comment:
Having some FOMO since I missed the reentry today, but it's ok, this is likely a short term top. I'm curious to see if we get a dip to buy after earnings and how the report pans out.


Waiting in cash for now.
Trade active:

Bought back.
Comment:
#YY outlook is positive... Hodl!
Comment:
s3.amazonaws.com/tra...shots/o/O5hohqCb.png
$YY coiling for a move up, really strong...Hodl!
We can add to it once breaking above the key earnings level above.
Comment:
Good spot to add, sizing should be total of 13.5% in $YY:

Comment:

Daily decline expired, likely to resume the uptrend now.

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