Resistance around $7 20231H should be positive for China Tech but long-term outlook still unknown.
Avg Price: $5.58
Next report date
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0.10 USD
11.42 M USD
781.72 M USD
26.54 M
About Youdao, Inc.
Sector
Industry
CEO
Feng Zhou
Website
Headquarters
Hangzhou
Founded
2006
FIGI
BBG00L7QDHC3
Youdao, Inc engages in the provision of learning content, applications, and solutions. It operates through the following segments: Learning Services, Smart Devices, and Online Marketing Services segments. The Learning Services segment offers online courses such as Youdao Premium Courses, NetEase Cloud Classroom, and China University MOOC. The Smart Devices segment sells gadgets which include smart pens, listening pods, pocket translators, and dictionaries. The Online Marketing Services segment is involved in the development of different formats of advertising solutions. The company was founded in March 2006 and is headquartered Hangzhou, China.
$DAO price symmetry & 200 EMA supportDAO appears to be ready for a resumption of uptrend after finding support on each test of 3 tests of the 200 EMA. The stock has carved out a very symmetrical Inverse H&S on top of the 200 EMA.
I understand the uptrend projection appears ambitious, I simply took the same angle as the downtrend and
DAO holding 50 MA Support..Great place to start a position$DAO good starter position. Volatile name but high growth winner
$DAO: SMeeLLin MONEYYYquite a solid and interesting technical rebound play, also analyst giving 50% upside for 1 yr target price $$$
*Disclaimer: This is just my view on the investment. It is not a recommendation for a buy or sell. and most importantly, I could be wrong!*
Long DAO - Earnings May 19Earnings close of trade tomorrow. Expecting rally to 30+$.
This is just my opinion and not investment advice. Please perform your own due diligence before any/all trades. Good Luck!!!
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