ricemarine

IQ Double bottom in?

Long
NASDAQ:IQ   iQIYI, Inc
This looks way oversold, potential run up.

Technical Signs:
  • RSI /MFI: Bullish divergence compared to the last drop.
  • Bollinger bands: At bottom end (on 4h), looks like a potential rip to the middle.
  • Fibonacci: 23.6% is at the top end of the range.

PT: $15-$16

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