IQ8 trade ideas
subs mattertwo days closing above 50 EMA. 40 million shares short are starring at that chart pondering what went wrong. how could my thinking be wrong. i'll be right soon enough just you wait and see.
back on the planet earth "The number of total subscribing members was 80.7 million as of September 30, 2018, over 98% of whom were paying subscribing members. This compares to 42.7 million of total subscribing members as of September 30, 2017, up 89% year over year." Q3 reported
IQ long idea this week on the Falling Wedge breakout Trade talks are scheduled this week and China small caps have been getting heavy volume. IQ has also had bullish flow the past week. $28 PT
$IQ Ready for more gains! $20.50 - $22 Price Target 1-2 Weeks!$IQ has officially broken above a resistance and we have higher highs on the daily RSI. Fib extension shows possible break above $20. Earnings apparently Jan 30? China trade talks are heating up, and Chinese stocks are just beaten down in general. Currently own Feb 1 $20 Call Options.
short if breaks the neck line,, 14 targetmobile-text-alerts.com
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IQ long swing with some callsIQ finally breaking up out of its consolidation just below the previous IPO all-time low. A lot of volume coming in on Friday. Any retest I expect to be bought. IQ might gap up tomorrow with the after-hours activity.
IQ - Wedge ReversalBouncing off the bottom support line is a wedge reversal forming? I am expecting this stock to go up over the next week.
$IQ Ready for another runBottoming pattern almost complete
RSI on steady incline
First good buying volume seen in months
Must break 21.00 on volume to confirm the end of the downtrend
Although tariffs don't necessarily effect IQ directly, it is a big name Chinese stock. Expect a reaction.
IQ coming up on decision time!IQ is being squeezed waiting for confirmation of breakout or continued downside
IQ vs. NFLX: Identical IPO PatternsIQ if following NFLX's IPO price action. This can be seen throughout many of China's IPO's. Expect a sideways pattern into a breakout of some crazy magnitude. If IQ's breakout is identical to NFLX (740% Increase from the first bottom after the breakout), IQ Wave #1 = $380
IQ : Back in long for 134 daysSo I have left over put verticals 25/20 left over from legging and then hedging short puts in IQ all the way out to January. I decided to just go with a buy/write at the current price (just under 30) So I bought 200 shares and wrote 30 calls for 4.00 each......for a cost basis of 26 and downside protection at 25, which I will most likely take profit on the long 25puts and leave the 20s to either average down at or expire worthless in January. This will only give me a 13% return and is for a bit longer than most options traders prefer but works for me. I need the stock to stay flat or go up for 134 days. We shall see how things play out.
Long term TradeThis is the netflix of China. This company has great fundamentals and is worth the long term hold.
IQ - me love you LONG timeIn my previous Technical analysis for IQ I called this price point with a bearish Elliot wave.
That Elliot wave is completed and it is time to long IQ for it has very high potential like Netflix.
$NFLX of China can come back hard here $IQ. Bullishmatt.com Been beaten down for a couple months now, for sure went up on hype, but long term hold here may suprise. if through first resist 19,64 then 22 and 28 in a flash. Will SQUEEEEEZE HARD
