YANDEX N.V NASDAQ (YNDX) has had a huge gain in 2019, unlike its USA counterpart Google, in part due to the ever presence of speculation around Google.
It is becoming extremely likely that Yandex will breakout from its current range with the potential of a quick 10% gain.
MA's are providing good support and the RSI is in a ever increasing tight range.
AVERAGE...
YNDX is in the middle of a strong correction on daily. I'm expecting the completion of this double three correction for a potential wave up on daily. Look to the price action on the level posted on chart for one more shorting opportunity before the possible bullish wave.
YNDX market cap. 10.4B vs GOOG market cap. 756B
YNDX has potential to grow compared to tech giant GOOG
Long term idea without predefined stop loss and target profit.
Disclaimer: I do not provide investment advice and I am not a qualified licensed investment advisor.
NASDAQ:YNDX Looks undervalued. Big gap in price vs stock performance & fundamentals. Btw looks like they were aiming for more long term results last quarters. Strong buy on breakout!
All indicators used and the employed drawing elements as well are supporting the price here. It should rise. If it breaks through hoever, expect a steep fall.
I think YNDX presents an attractive entry at its current price. The stock has been trending upward since late 2016 (see regression channel). Yesterday, amid broader weakness in Russian names following the US-Russian dispute over alleged gas attacks by the Syrian army, YNDX dropped from the middle of its regression channel all the way out. Today that weakness...
Clearing Resistance
in focus after a positive note from Deutsche Bank raising PT to $50. Thinks there is meaningful upside to shares over the next three years as the ride share business scales and the company expands Uber Eats in Russia. Yandex Taxi alone could be worth $50/share by 2023 in a blue-sky scenario.
Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company's segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company's Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company's users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices. The Company's search engine offers access to a range of information available online. The Company's Yandex.Market gives retailers a platform to reach customers seeking specific retailer, product or price information. As of December 31, 2016, Yandex.Taxi was operating in 46 cities across Russia, Georgia, Armenia, Kazakhstan, Belarus and Ukraine. The Company's Classifieds business unit includes Auto.ru, Yandex.Realty, Yandex.Jobs and Yandex.Travel.
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YNDX
