The Chinese edtech firm’s K-12 tutoring service contributes 98.7% of its revenue 17EdTech released its Q2 earnings report for the period ended June 30, 2021, on September 23. - Net revenue was CNY 671 million, a 147.2% year-over-year increase. - Net revenues of K-12 tutoring service increased 163.9% year-over-year to CNY 662 million. - Paid courses enrollment...
This is capitulation setup, also known as fallen angel setup
Don`t you like basic technical analysis without fundamentals whatsoever to back it up? Because otherwise before entering the pump you would paid attention to 17 Education & Technology Group Inc. business update: "institutions providing after-school tutoring services on academic subjects in China's compulsory education system, or Academic AST Institutions, need...
Last time I played this stock it ran 40-50%. This time price is much much lower. Bullish divergence on RSI. Target $7.20-7.50. Purely a gamble. No fundamentals involved. Yolo. Dont take any of my posts serious.
$YQ bounced off support. Stay out of the chop and buy the breakout of the trendline
Huge growth potential. Chinese K-12 online education company. It will run back up.