HUYA - [Reversal] Long
Updated
Time to go long with HUYA - I'll keep this short & sweet to save you the "Car Salesman" pitch.
We've bottomed out on the .236 level and are looking to make a break through the $19 barrier before we take our first batch of profits at $21 being our next level of resistance. I'm setting a close stop at $18
Couple of other favorable factors;
- Increasing volume on the daily timeframe
- RSI is healthy (not showing overbought conditions)
Good luck
We've bottomed out on the .236 level and are looking to make a break through the $19 barrier before we take our first batch of profits at $21 being our next level of resistance. I'm setting a close stop at $18
Couple of other favorable factors;
- Increasing volume on the daily timeframe
- RSI is healthy (not showing overbought conditions)
Good luck
Trade closed: stop reached
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