Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:GOTU ...
I believe this code is at a point of potential volatility.
If price can hold above $4.03 ... Bullish potential may be unlocked.
My key upside targets include:
- $5.25 (Conservative)
- $7.10 (Medium)
- $9.04 (Aggressive)
...
Analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price in the money Puts with
an expiration date of 2023-12-15,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Looking to reject at wave resistance if this is the larger ABC corrective here. Looks like another short op.
Gaotu Techedu, Inc. is a technology-driven education company. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.
Analyzing the options chain and the chart patterns of GOTU Gaotu Techedu prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
Very nice setup here, high reward to risk ratio here. Keep in mind market cap for sizing with these trades, liquidity can be a factor to consider at times.
Best of luck!
Cheers,
Ivan Labrie.
Very big speculation play. I think there has been a large build up/accumulation of shares in these Chinese EDU companies over the last couple of months, mainly TAL, GOTU, and EDU. GOTU rejected the opening of a big gap, could this be the beginning of a big gap fill? I'd like to say yes but it could be the rejection that takes it down to $2.
The company has recently received an increasingly interest from instructional investors, however the company continuities to be unprofitable am I missing something here.
Beautiful intraday trade from yesterday with entry and target of GOTU. Was watching China strength and it came to town yesterday big.
And BTW...check out the impulse move by HSI Chinese Index overnight...more to follow. BABA>>>NIO>>>TAL>>>BIDU>>> Investors XCH or FXI.
Gotu will come back to retest these levels and close the gap.
The upward movement if something is there then it will be after that. Wait for the entry there. this is a short setup. Long at the bottom levels.
Gaotu Techedu Inc, formerly GSX Techedu Inc, is a China-based holding company principally involved in the provision of technology-driven education services. Through its subsidiaries, the Company is engaged in the provision of online K-12 after-school tutoring services.
Due to the recent introduction of the 'double reduction' policy by the state to regulate the country's expensive private education industry, Gaotu is looking to adjust its focus.
The Chinese edtech firm Gaotu released its Q2 earnings report for the period ended June 30, 2021, on September 23 2021.
- Net revenue was CNY 2.23 billion, a 35.3% year-over-year...
All Chinese stocks have been getting hammered lately. It is safe to say that the Chinese market are currently in a bear market and scary as it may seem the US stock market might be next. Regardless of that, GOTU might pump for a little bit. what I am concerned about is that huge red cloud in the ichimoku cloud. It will be tough for GOTU to get out of the current...
GOTU had negative earnings last year, -1.39 Billion dollars to be precise. So it`s a money eating machine that burns a lot of cash just to operate. How do you see Gaotu Techedu raising money this year? Would you buy a public offering from a nonprofit company?
Now look at the 15% recovery today and think about this perspective: a temporary recovery in share...
Tempted to short this garbage since it's up 8%, but gonna wait to see if it gets a gap fill to buy some Aug puts. It'll hit $10 before expiration. Too many open puts to get into it until Friday afternoon.
Usually drops when hourly gets overbought, not there yet.
