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
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.
In my opinion Huya could be a big Trade in the next weeks/months. Reasons: -The Gaming/E-Sports Streaming Industry is set to triple in the next two years -The Interest on Wallstreetbets is growing -Technically it seems to have a trend reversal -if the merger with Doyu happens they have a complete monopoly (also a risk because of the Chinese government) -the...
HUYA Already confirmed the "Rising Triangle" pattern at $22.50 . HUYA buy zone : $23 - 23.20 (or any) . HUYA target : $28 +- $0.5 Stop loss : 10% Or options vs your position. Wish you good deals !
Earnings will break us out. Easy Long.