iQIYI, Inc. The Chinese Netflix has printed a Cup & Handle Pattern which is a Bullish formation.
The Chart Study should be self explanatory.
You can also drag the chart to see my Projection Target Range.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket...
3.44$ stock seems to be a deep value play. Tangible book is near at 1.85.
Already earning .41 for 2023 and expected to earn .49 in 2024, IQ has a forward earnings yield of over 14%. In addition to low Price to earnings, the growth potential expected is over 20% to as 38%.
Plotting out the growth to 2029 and using optimistic growth stock multiples, a stock like...
While we still dont know the future of China and all its risks, these bargain stocks keep tempting us investors who follow valuations. IQ (iqiyi) is a online video streamer subscription model and also offers a live streaming platform in china. Used to be a part of Baidu, but is no publicly traded on its own. "iQIYI is currently one of the largest online video...
If you haven`t sold IQ ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.51.
If these options prove to be profitable prior to the...
If you haven`t bought the speculative Double Top here:
Then analyzing the options chain and the chart patterns of IQ iQIYI prior to the earnings report this week,
I would consider purchasing the 5.50usd strike price in the money Puts with
an expiration date of 2023-9-29,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the...
a Chinese tech stock which broke out if's downtrend earlier this year. This area and slightly lower should be support. We're also at daily and weekly BB support and weekly 100ma support (not pictured).
RSI is hinting that the stock is very oversold and could see significant upside to 10 dollars or more.
Keep in mind this may also just be part of a correction ...
test
QIYI, Inc. engages in the provision of internet video streaming services. It operates a smart television streaming service and an entertainment-based social media platform, iQIYI Paopao. The firm also also distribute video content through third-party platforms. The company was founded by Yu Gong in November 2009 and is headquartered in Haidan District, China.
Looking at the IQ iQIYI options chain ahead of earnings , I would buy the $7.00 strike price Calls with
2023-2-24 expiration date for about
$0.49 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Just happened to screen and find that iQIYI appears to have had a recent good run and the short term weekly TDST has been broken out of, closing above with two more weeks to end the TD Setup.
Technical indicators are bullish, MACD is post-bullish divergence indication.
On a weekly scale, the yellow box is the range, from 2-5, being near the resistance...
Fundamental:
Chinese video streaming player iQIYI ( NASDAQ:IQ ) has shifted its attention from growth to profits and has been implementing cost cuts and price hikes to meet this new focus. Provided such cost cuts do not cut into long term competitiveness, rising consumer purchasing power in China, along with international expansion efforts are growth drivers that...
No idea of what this company does, but here is a suggestive picture.
Goals 0.56, 0.49. Invalidation at 0.89.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than...
***Earnings report may or may not be the catalyst I'm looking for***
BEIJING, Feb. 15, 2022 /PRNewswire/ -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2021 before the U.S....
IQ CMP - $4.92
Looking bullish in higher time frame. One can go for Positional Trade Setup with the following entry, exit & targets.
Buy Range $4.90 - $5 / Stop Loss $3.85
Target 1 - $6.50
Target 2 - $8.00
Target 3 - $10.00
Long Term - $15.00
Disclaimer: This is my view and for educational purpose only.
Gong Yu, CEO of iQIYI, said, 'the focus now is to increase revenue and reduce expenditure, cut down inefficient businesses and projects, and increase and try new monetization opportunities.'
On December 1, iQIYI carried out a round of large-scale layoffs. According to many laid-off employees, almost all employees in some departments have been laid off, and even...
