Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:YRD ...
I believe this code is at a point of potential volatility.
If price can hold above $5.45 ... Bullish potential may be unlocked.
My key upside targets include:
- $6.40 (Conservative)
- $7.57 (Medium)
- $9.14 (Aggressive)
...
Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China.
-W1 RSI divergence
-W1 neutrality zone broken
-W1 oblique resistance broken
Timing :
-M15 Strong neutrality zone
-M15 oblique support
Buy in the green zone when the price is close to the oblique support, or when the RSI goes back to the green neutrality zone.
Weekly chart :
YRD is a p2p online lending company. P2P lending stocks like Lending Club has been going through bloodbath for recent years.
Must be cautious if the price breaks down IPO price, if not, we should see it bounces up from that level.
Waiting for a bounce from this level and buy the stock on pullback.
Yirendai Ltd. (YRD) shares are trading at $18.72, prior to the earnings today. What's driving Yirendai's stock price? What's YRD stock price forecast?
This online consumer finance marketplace in China connects investors and individual borrowers and provides consumers with an easy access to affordable credit. The company's borrowers and investors come from a...
If a double bottom happens and bounces to breakout from the current downtrend (~26$) it could close in the previous downtrend resistance level at the 0.382 fib retracement ~34$. Possible turnover 30%+.
At this completed due retracement in an uptrend we are facing a cross support and an indicator support at once. Thus a expect the uptrend to continue from here.
