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IQIYI INCIQIYI INCIQIYI INC

IQIYI INC

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IQ8 trade ideas

Watching IQ this weekIQ have a strong long look in this weeks, and have a potential to reject the 20EMA and bulls can re-start to enter. I will enter a long position if i see one of this day that the Stock Hold and make a new high of a precedent day , the SPY and the QQQ are in my favor and .. most important i see volume come in at the trigger.. Most likely will consolidate here few days, there's no rush to enter guys unless we start the week with a gap up. Another way to enter is over 28, where i do have a stop order placed at 28.01 is the most safe way to enter. First Target is Level A, second is 30.90 where is clearly visible a strong pivot. (Look Left in the daily chart). Do not enter if a technical SU does not exist, wait over 28 if you don't know how to enter a flag like this. Play attention to put a stop if you enter, under 24 this stock will be in the bears hands! Trade Wise. stocktraderjournal.wordpress.com
NASDAQ:IQLong
by Pier1972