6.30 is a possible target technically once close above 4.23 weekly,,, then 7.39 the ceiling of ascending channel
IF it can clear 200 DMA overhead, can soar to 8. Upside targets: 4.26, 5, 6, 8 Still plenty of time to get in. Let's see what happens tomorrow. Long half position from 3.3, stop loss around 3.50
As you can see, we have a nice cup and handle chart pattern. The cup base looks pretty strong at 12 weeks of formation. I'm expecting an entry at $3.89 if the vol is greater than 4M. I predict this stock will run up within the next couple of weeks. I'm expecting to take profits around $4.75 but I wouldn't be shocked if price runs up to 5.10 on really strong vol....
Im entering a long Position today. Lets see how it works!
Good Chance we saw the bottom of Huya - Chart looks promising!
AMEX:SPY continuation to tighten between 409.30 and 414 as investors await critical debt limit talks and the release of retail sales data, both of which would offer valuable insights into the state of the economy. The first close on the hourly past these levels might give us an indication of which way the market wants to go, until then, no directional bias....
bearflag on daily...but 3D reversal would invalidate it 6/08 is ATL with 3D MACD signal green...shows underlying strength. Likely to reverse and test 3D resistance at 9.82 on news perhaps. below 6.08 all bets are off.
Strong base is forming and it might take few more months consolidating side ways. Breakout above 10.10 will make bullish trend, with key resistance level to watch at 10.52, 11.72, 13.15, 13.80 and 16.28. Upside potential of 36.53% in mid term.
Strong base is forming. Breakout above 10.10 will make bullish trend, with key resistance level to watch at 10.52, 11.75, 13.15, 13.80 and 16.28. Upside potential of 36.53% in mid term.
>80% down from the high. No matter how crappy they are and no matter how terrible an investment environment China is, as a trader these bounce can be a good short-term play. I'm looking at $DOYU and $HUYA. If they can make some small red days I'm gonna take a chance at a long. I have been burnt catching these dips before on $BABA and $PDD. Not planning to hold...
Double bottom failed, but it might still bounce up from the wedge down. Book value is getting really cheap on this one.
Hi Traders, Below is my Idea about this very good loking company .... from CHINA !! Compared to competitors (like Twitch) is discountedm same like DOYU. WHich are both owned by TENCENT as one of biggest investors. After some FUD price from chinese government the price is Dummping. In my Opinion, we are approaching end of impulsive wave DWON. you can also...
Spotted a potential double bottom. There has been fear of regulations, now the evergrande thing. HUYA is pretty much near the company value. That's a great price in this crazy market.
Looks like a double bottom to me. All Chinese stocks are going to bounce eventually. Isn't this one a Chinese Twitch and China is one of the largest video and gaming streaming markets in the world? Seems like a buy and hold to me.
HUYA Inc. through its subsidiaries operates live game broadcasting platforms in the People's Republic of China. Its platforms allow broadcasters and viewers to interact during live streaming mainly in Southeast Asia, the Middle East and Latin America. The company is coming from an aggressive pullback due to the situation of Chinese stocks in the U.S. stock market...
The stock reacts so well to the combo signal. Yes chinese stocks are bouncing, but this stock specifically was crushed and gave an amazing demark signal
You can either buy now or wait for 14.68 resistance to be broken up first.... Please note that it is possible to have another leg down when it reaches the resistance level at 14.68.
Looking to go long here with a PT of about 4Pts. We've found support.