$YNDX has been performing quite well lately, IMO it's an under-rated company with plenty of potential to continue growing.
Price seems to be reaching for the top resistance line of the long-term parallel channel (blue-parallel lines) after recently breaking out of the smaller channel we've been bouncing in since Nov. (red/blue parallel channel)
Hello everybody! 👩🚀 If you like this idea Thumb UP! Today I would like to give you awesome and safety idea with a good risk-management: Yandex N.V., an Internet and technology
company, operates an Internet search engine in Russia and internationally.
Idea: buy NASDAQ:YNDX because techically was confirmed breaking up the strong support line and fundamental this...
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.
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.
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...