YY - 50% projected advance Long

JOYY Inc.NASDAQ

Description

⋅ Aug 1, 2020 5:43 AM

Although lacking in volume for now, this set up looks good for a significant advance in the medium term.

The market sector is favourable.
The chart is coiled.
Risk/Reward are looking good with clear levels highlighted in blue.

Comment

⋅ Aug 3, 2020 9:20 AM

Earnings on August 12

If the stock makes an impulse leg up between now and earnings, I would consider completely divesting on the news.