Potential Long OpportunityIQ has been holding their price strong compare to other Chinese stocks for the past week. It may holding their power on the long movement.
Keep an eye on it.
I1QY34 trade ideas
Cup and Handle?But the pattern was invalidated in reality because handle low reached below mid cup, not by much but it did. There is support there.
I noticed on chartmill that smart money was buying this.
It is hard to be bullish on much of anything other than SQQQ..lol, after the last few days..but just throwing this out there.
Not a recommendation..Trade safely
NV is high and RSI is pointing the wrong way. I do notice RSI changes directions a lot. Just watching
Personal View on IQIYI STOCK Price moving inside the channel, definitely buy if reaches support level.
IQ based two years in a consolidation period. Looking for the break above for a large macro move. Chinese plays have been very hot recently $huya $bili
IQIYI flashes BUY signal with 8 ConfirmationsWatch the video for the Ultimate Stock Indicator Pro flashing a BUY
8 confirmations so possibility of a great run towards 2/25 earnings.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Bounce off from the oversoldPrice got sold off after the earnings and dropped further on the news of additional share issuance. Seems oversold and high 17's/low 18's is a good area to play for a bounce to AVWAP or other potential resistance levels around 21
IQ daily XYAB and inside day breakout longOne of the strongst IP of Iqiyi "I can I BB" just started its 7th season.
On the Contrary, its stock fell significantly after they announced their share issuing plan.
Compared to its peer BILI, IQ's stock had been terribly weak in the past 2 months,
it's not a very crazy idea to try to look for some long opportunities here.
Here we got this inside day after daily XYAB
I'm willing to long this one if it's able to break to the upside today.
Let's see how it goes yo!
Replay of Iqiyi Short TradeI shorted pre-market with the news of IQ selling convertible bond together with the issuance of more common shares and got "scaredy cat" since this was the first time of me trading news + pre-market trading.
So I kind of covered the short trade once the market started trading and only had a gained of $0.57 ($20.62 -> $20.06) but I could have done more by holding and looking at 15m chart for trend reversal but I didn't.
So, reflection points:
1. Scaredy cat made me earn a lot less than I should
2. News trade + Pre-market works
3. Trade more following my convictions and not be chained by my fear
IQ long into February This is a long / neutral debit spread play with 73% return on capital. Long calls on feb19th @$15 strike and short calls on feb 19th @$17.50
IQ: Drops for a PERFECT BUYThe "Netflix" of China iQIYI, drops to 17.35, accordingly to the fundamental analysis that the COVID Vaccine is coming out and there will one less users from home.
On the topic of technical analysis, the drop is a healthy correction creating a bullish Gartley pattern.
initiated a call 18/06/2021 20 @ 2,64 18.20 WAS EXACTLY THE POINT THE STOCK REBOUNDED THE LAST TIME IT COLLAPSED , hence a strong support at the 18 line
I am betting it is the same story again
Not an investment advise
Buy Signal: 21.80Stop: 21.00
Model picking up a potential reversal signal. Hoping for the 25.00 area
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
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$IQIts possible price can head back up, price is at trend line support and possibly forming an descending channel towards the support of the trend line. Price could possibly head back up to the resistance. Its possible price could be forming an ascending triangle as well
$IQ - great promise, zero execution$IQ looks great. Algorithms around the world love it.
It just cannot get the legs and volume it needs to surpass the lava-river to get to the promise land .
Still holding options in case it does actually break out.
"IQ Long" Bullish will this be able to push back to $25+ $IQNASDAQ:IQ $IQ this has been a fallen knife today but feel as if this is a nice risk/reward playing of off this trend line will be looking to see if this can reclaim 21.92 for continuation back to the upside
IQ Bullish Trend LineIQ is bouncing off of it's trend line and is showing potential for a bullish reversal. As always make sure you place a stop in this trade - and make sure it fits your personal criteria.
$IQ due for its rallyAnother stock that can take a punch or two from the news.
Once the MACD line reverses and it starts moving, hang on and take those profits.
