Long | IQ | Quick cashNASDAQ:IQ Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%, CALLS May Strike 22$ * Usually I don't publish during day, but this is special. Longby shksprUpdated 0
IQ, WILL HISTORY REPEAT IT SELF?Hello fellow traders and investors, here's another trade idea. IQ has recently pulled back to the common support area, if IQ makes a recovery to the take profit area it offers a 45 to 65% ROI. Technicals: The Macd indicates that it's oversold The EMA's are in a downtrend The RSI is oversold When To Buy: When the EMA's and the Macd crossover When To Sell: I recommend selling at the take profit area. Fundamentals: IQ is an Asian online streaming service provider. Their P/S is 2.89 which is quite good, a debt/equity of 2.22 which is very bad, a sales growth Q/Q of -0.50%, an earnings per share growth of 39% Q/Q, a profit margin of -23.70% and I do have to warn that this stock is quite volatile. Rating: 50/100 the technicals look really good but the fundamentals aren't very good with a lot of debt, a profit margin of -23.70% and sales growth of -0.50% Q/Q their fundamentals aren't great. NOTE: There's a resistance around the 200$ area. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.Longby UnknownUnicorn11084119992
IQ reversalIQ sits on multi-year support. Low RSI + high volume -> we got combo reversal set up here. If you like my idea hit the like button and subscribe to my profile. Good luck to longs. BTW I'm a big critic of shorting personally so I won't be publishing short ideas.Longby torekx5
IQ Buying the DipEnjoyed the fat ride from shorting IQ from the above resistance level. Re-entered at 15.3, or the steady support level. I don’t think the Viacom issue will cause turmoil in the future, and I am aiming for a TP of 24.5. Big profit, your decision. Longby Kujo_Qtaro6
IQ - breaking out of 2 year trading rangeIQ is at the top of the trading range, and just closed with a very bullish bar. It's never easy to tell the exact top of the range, but I'd call that a breakout. On the same day, KWEB was down 2.45% and MCHI was down 1.99%. IQ has been hugely outperforming the sector recently, and the price action has been very bullish. If you haven't bought it already, it's worth monitoring, and looking for an entry. Longby milobowman442
Potential Long OpportunityIQ has been holding their price strong compare to other Chinese stocks for the past week. It may holding their power on the long movement. Keep an eye on it.by Cornhub1
Cup and Handle?But the pattern was invalidated in reality because handle low reached below mid cup, not by much but it did. There is support there. I noticed on chartmill that smart money was buying this. It is hard to be bullish on much of anything other than SQQQ..lol, after the last few days..but just throwing this out there. Not a recommendation..Trade safely NV is high and RSI is pointing the wrong way. I do notice RSI changes directions a lot. Just watchingby lauralea0
Personal View on IQIYI STOCK Price moving inside the channel, definitely buy if reaches support level. by DiogoZhang0
IQ based two years in a consolidation period. Looking for the break above for a large macro move. Chinese plays have been very hot recently $huya $bili by J_Charts112
Bounce off from the oversoldPrice got sold off after the earnings and dropped further on the news of additional share issuance. Seems oversold and high 17's/low 18's is a good area to play for a bounce to AVWAP or other potential resistance levels around 21Longby PeterSlUpdated 1
IQ daily XYAB and inside day breakout longOne of the strongst IP of Iqiyi "I can I BB" just started its 7th season. On the Contrary, its stock fell significantly after they announced their share issuing plan. Compared to its peer BILI, IQ's stock had been terribly weak in the past 2 months, it's not a very crazy idea to try to look for some long opportunities here. Here we got this inside day after daily XYAB I'm willing to long this one if it's able to break to the upside today. Let's see how it goes yo!Longby Trader_Joe_Lee2
Replay of Iqiyi Short TradeI shorted pre-market with the news of IQ selling convertible bond together with the issuance of more common shares and got "scaredy cat" since this was the first time of me trading news + pre-market trading. So I kind of covered the short trade once the market started trading and only had a gained of $0.57 ($20.62 -> $20.06) but I could have done more by holding and looking at 15m chart for trend reversal but I didn't. So, reflection points: 1. Scaredy cat made me earn a lot less than I should 2. News trade + Pre-market works 3. Trade more following my convictions and not be chained by my fear by domthenic331
IQ long into February This is a long / neutral debit spread play with 73% return on capital. Long calls on feb19th @$15 strike and short calls on feb 19th @$17.50by tonytheonly221
IQ: Drops for a PERFECT BUYThe "Netflix" of China iQIYI, drops to 17.35, accordingly to the fundamental analysis that the COVID Vaccine is coming out and there will one less users from home. On the topic of technical analysis, the drop is a healthy correction creating a bullish Gartley pattern.Longby StefanoViacava225