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10/16 - Just opened a full position here in $HUYA @ $23.95. I'm looking at both the trend channel and wedge pattern. My STOP is $22.00, Target 1 - 27.38 where I'll take 1/3 off T-2 29.71 another 1/3 and let the last 1/3 run. Let's see how this fairs... my ideas, not investment advice!
NYSE:HUYA - Price finding support at major trendline - Stochastic oversold - TP & SL on the char
testing long term uptrend and hitting the .618 fib retracement which has a lot of support
HUYA just recently bounced off of its 200 moving average at the bottom of the wedge channel. This will be an inside play looking for it to now move to the top of the wedge channel toward the 24.5 range. Looking for a 8% move.
Hit on the support line (24.11) and if this holds, I see this popping back up to 26+ I have the following: HUYA Oct 18th -- 32.5 calls
NYSE:HUYA Sell short below yesterday's low. See the chart for more details. Please like, comment and follow if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.