In my opinion Huya could be a big Trade in the next weeks/months.
Reasons:
-The Gaming/E-Sports Streaming Industry is set to triple in the next two years
-The Interest on Wallstreetbets is growing
-Technically it seems to have a trend reversal
-if the merger with Doyu happens they have a complete monopoly (also a risk because of the Chinese government)
-the numbers were good, but the chart didn't react
-high short interest
More details on Wallstreetbets(cant post the link here)
So the fundamentals look very good, that's why I think it's also an interesting long term play, but besides that I was very surprised to see some posts on Wallstreetsbets about it in my opinion that's a very bullish signal, the posts performed extremely well, and I can't find a reason why this shouldn't be the next big WSB play.
--- If the WSB interest really will grow like that, there is a way bigger growth possible.
Excuse my German school English.
Reasons:
-The Gaming/E-Sports Streaming Industry is set to triple in the next two years
-The Interest on Wallstreetbets is growing
-Technically it seems to have a trend reversal
-if the merger with Doyu happens they have a complete monopoly (also a risk because of the Chinese government)
-the numbers were good, but the chart didn't react
-high short interest
More details on Wallstreetbets(cant post the link here)
So the fundamentals look very good, that's why I think it's also an interesting long term play, but besides that I was very surprised to see some posts on Wallstreetsbets about it in my opinion that's a very bullish signal, the posts performed extremely well, and I can't find a reason why this shouldn't be the next big WSB play.
--- If the WSB interest really will grow like that, there is a way bigger growth possible.
Excuse my German school English.