Following the latest Chinese stocks rally on Friday, many Chinese stocks started to soar due to the hype including Quhuo Limited (NASDAQ: QH) – the Chinese workforce operational solutions provider. Looking to further expand its business QH has partnered with Baidu, Inc. (NASDAQ: BIDU) and Karry New Energy Auto to start implementing AI technology and enhance its...
Publishing this idea to keep track of the price movement for NASDAQ:QH . Looks to be forming a rounded bottom, retesting long term resistance.
Long QH Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the...
Fundamental Analysis 1. Industry: A workforce operational solution platform (e-commerce) ++ 2. Price: Relatively Cheap 3. Upward potential: 69% 4. Risk-Reward Ratio: 1:7 5. 5Y EPS Growth: 80-100% Technical Analysis 1. Volume is growing 2. Support of the MA100 5. Short-term target: 10 6. Long term target: 14
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As usual, IPO then drop and rebound. Awaiting Monday. =)