In this trade im going to explain with more details.
Zepp is a stock who prices is depressed, is super undervalued it doesnt sense $9.
For long tearm my fair value is $40 in a case very conservative.
But I found a very interesting pattern it is in my chart. My tesis of investment is private and i just share my trade and not my fundamentals of why.
Rsi at 33
Technicals showing us signs of reversal .
Also , fundamentals look pretty good, especially like their low debt. My opinion , undervalued .
Will plan on increasing stop daily , if required , take profit level unknown.
Contextual immersion trading strategy idea.
Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People's Republic of China.
The share price fell after bad earnings. It looks like it will continue falling.
The demand for shares of the company still looks lower than the...
Indicators are starting to turn around, we may be seeing a bottom forming and a jump higher with a change of the down trend could be coming soon. $HMI I certainly use their products ;)
