GOTU - long education play

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.

This is a sympathy play to EDU which performed massively last year.

This is not a financial advice!

Don't expect a fast play.

It's a sympathy play to EDU which performed massively last year.

Lots of block buys recentely.

Keep an eye on 4.0 level - needs to get broken for a further upmove.

SL under 3.0

TP approx. 5.5 maybe even to 10 area (gap fill)

Most info on the chart.

Trade carefully!

Comment:

lets gooo

Trade closed: target reached

Comment:

Block Trade: GOTU 3.4M @ $5.50
February 22, 2024

Block Trade: GOTU 3.6M @ $5.40
Wednesday February 21, 2024

Block Trade: GOTU 3.2M @ $5.03 at the ask
Tuesday February 20, 2024

Block Trade: GOTU 2.8M @ $4.89
Friday February 16, 2024

Block Trade: GOTU 2.8M @ $4.93
Thursday February 15, 2024

Block Trade: GOTU 2.7M @ $5.00
Wednesday February 14, 2024

Block Trade: GOTU 1.7M @ $5.28
Tuesday February 13, 2024

Block Trade: GOTU 639,433 @ $4.96
Monday February 12, 2024

Comment:

OMG still going, what a gem