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!
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.
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.
HUYA Inc. is a game live streaming platform in China. The Company cooperates with e-sports event organizers, as well as game developers and publishers. Its game contents include gameplay, e-sports tournament events and other e-sports game shows. The Company also develops and operates certain mobile games jointly with third-party distribution platforms, and game-related apps. The Company's content offers other entertainment genres, such as talent shows, anime and outdoor activities. As of December 31, 2018, The Company's live streaming content covered over 3,300 games.
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HUYA
