AmrAkkad

YALA, A growth stock near IPO level

Long
NYSE:YALA   Yalla Group Limited
A middle eastern media company that’s gaining fame and adaptation among users in Asia and Africa
YOY revenue are always up, recent stock buy back, RSI oversold for almost 10 Days now, 4Hr, and daily MACD are about to cross and start a bullish trend
I see it trading well over 40 in the coming months if they continue to deliver good earnings

Comment: A bullish weekly hammer at todays close will add more confidence in my long position, first level to watch is $8 , then $10.50, and $13