bounce off trendline, cloud, and where demand steps in. headed back to the median of the pichfork then higher
HUYA has fallen back down to support levels around the 28 range, after breaking out from that range. It has posted 2 strong upside candles, showing a remount over that support area. I suspect this will run up back towards the next level of resistance or higher around the 31-32 area
3 key points in Huya graph: 1- After a clear swing failure pattern under 12$ ( ipo price) , Huya return in a probably accumulation range and show an Higher high (30.62$). 2- Huya return in trading range and retest a weekly OB at 18.54$ with strong reaction. 3. Price does a break up of trading range and retest the R/S flip. In my opinion seems a good buy zone in...
Refer previous post when it was at $19 on 31st Dec.
Mid cup is close to handle low at 24.38 A cup and handle pattern is invalidated if handle low goes below mid cup/both are sources of support. Pattern only valid at long entry level or above. Bull flag on handle and upper trendline is R.. Not a recommendation
This Chinese No.1 online game casting platform caught my attention. It is possible that the stock have already finish wave 2 and is on the way back up. In terms of risk/reward if you are the aggressive type when it broke a higher week, break volume resistance at 20.7 and weekly macd is about to cross, it is a go time. If i am right we could see the stock projected...
Not ready yet, but on watch for breakout potential. Falling wedge breakouts can be tricky but payoff is usually big.
HUYA is running up into resistance and is looking like its due for a pullback. It is overextended on the bollinger bands and overbought on stochastics
#HUYA Possible big reversal incoming, Multi bullish divergence printed on the daily charts. Big target for Earnings date. Price Target short term:23.8$ Extended:28.5$ Stop loss: if bad news or china market crashes. Video streaming platform in the biggest videogame market of the world..China. What there is to think? Only risks are represented by USA-CHINA tension...
Flag breakout...growing volume...all point to only one direction.
$HUYA is flagging and bounced nicely around .618FIB Level. Going Forward, this should act as key support. $HUYA and $DOYU are merging; since the news they lost around 15% and 19% respectively. This merge will create a platform with +300 million users and China´s biggest video game streaming platform. $HUYA will be the ticket that remains listed. Also, the bill...
Description HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. Its live streaming content covers a library of games, including mobile, PC, and console games; and other entertainment genres, such as talent shows, anime,...
Inverse H&S pattern. Give it time and should see 26+ soon, 30.6, 34!