SlavicChartist

HUYA (1W) - Midterm Plan

Long
NYSE:HUYA   HUYA Inc
Hi Traders,

Below is my Idea about this very good loking company .... from CHINA !!

Compared to competitors (like Twitch) is discountedm same like DOYU . WHich are both owned by TENCENT as one of biggest investors.
After some FUD price from chinese government the price is Dummping.


In my Opinion, we are approaching end of impulsive wave DWON. you can also see touch with downtrend line + RSI COnvergence + MACD Convergence. Which are very bullish signs for me.

ALso fundamentally, this could be very good investment. But lets see. My plan is to take around 75-100% and sell everythin from actual price around 8. 40 USD.



Trade safe. Enjoy the ride.