Trade talks are scheduled this week and China small caps have been getting heavy volume. IQ has also had bullish flow the past week. $28 PT
HUYA - Booyah! Nice strong day yesterday, nice volume, let's see what we get this next week.
$HUYA Oversold bouncing off support around $35.50 this afternoon. Targeting a move back to the $38-$40 range in the very near term. Note: Observation/opinion, not investment advice.
Found 5 fib relationships on the 4hr, went long on buy triggers.
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction. Setup invalid below daily EMA (34.31)
Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction. Setup invalid below daily EMA (34.80)