Ticker: QFIN (NASDAQ)
Recommendation: BUY
Current Price: $42.93
Entry Zone: $42 - $43 (Pullback to support)
Stop Loss: $39 (-9.2% from entry, below key swing low)
Take Profit: $50.70 (+18.1% upside)
Risk/Reward Ratio: 1:2
📈 Technical Analysis
Trend: Mixed but stabilizing (Daily: Neutral, 4H/1H: Recent weakness).
Key Levels:
Support: $41.50 (SMA-50), $39 (Strong demand zone).
Resistance: $43.50 (Recent high), $50.70 (2025 YTD resistance).
Indicators:
RSI (Daily): 53.16 (Neutral, no overbought/oversold signal).
MACD: Approaching bullish crossover on daily chart.
Volume: Light selling pressure, accumulation possible near support.
💡 Fundamental Catalyst
Deep Value Metrics:
P/E Ratio: 6.57 (Sector avg: ~20x)
P/B Ratio: 0.25 (Extremely undervalued)
Zero Debt: Debt-to-Equity of 0, pristine balance sheet.
Growth Potential: Fintech sector rebound, China regulatory easing hopes.
🎯 Why This Trade?
Extreme Undervaluation: P/B < 0.3 signals potential mean reversion.
Technically Oversold: RSI2 Connors signaled accumulation recently.
Asymmetric Risk/Reward: Limited downside (strong $39 support) vs. 20%+ upside.
⚡ Trade Management
Confirmation Needed: Wait for break above $43.50 with volume.
Add-on: Consider at $45 if momentum builds.
Trailing Stop: Move SL to $41 after TP1 at $47.
📉 Risks:
China macroeconomic/regulatory risks.
Low liquidity → Wider spreads.
✅ Verdict: QFIN is a high-risk, high-reward play for value hunters. Ideal for swing traders with patience.
Like & Follow for more under-the-radar gems! 🔍
#QFIN #Fintech #Undervalued #ValueInvesting
Recommendation: BUY
Current Price: $42.93
Entry Zone: $42 - $43 (Pullback to support)
Stop Loss: $39 (-9.2% from entry, below key swing low)
Take Profit: $50.70 (+18.1% upside)
Risk/Reward Ratio: 1:2
📈 Technical Analysis
Trend: Mixed but stabilizing (Daily: Neutral, 4H/1H: Recent weakness).
Key Levels:
Support: $41.50 (SMA-50), $39 (Strong demand zone).
Resistance: $43.50 (Recent high), $50.70 (2025 YTD resistance).
Indicators:
RSI (Daily): 53.16 (Neutral, no overbought/oversold signal).
MACD: Approaching bullish crossover on daily chart.
Volume: Light selling pressure, accumulation possible near support.
💡 Fundamental Catalyst
Deep Value Metrics:
P/E Ratio: 6.57 (Sector avg: ~20x)
P/B Ratio: 0.25 (Extremely undervalued)
Zero Debt: Debt-to-Equity of 0, pristine balance sheet.
Growth Potential: Fintech sector rebound, China regulatory easing hopes.
🎯 Why This Trade?
Extreme Undervaluation: P/B < 0.3 signals potential mean reversion.
Technically Oversold: RSI2 Connors signaled accumulation recently.
Asymmetric Risk/Reward: Limited downside (strong $39 support) vs. 20%+ upside.
⚡ Trade Management
Confirmation Needed: Wait for break above $43.50 with volume.
Add-on: Consider at $45 if momentum builds.
Trailing Stop: Move SL to $41 after TP1 at $47.
📉 Risks:
China macroeconomic/regulatory risks.
Low liquidity → Wider spreads.
✅ Verdict: QFIN is a high-risk, high-reward play for value hunters. Ideal for swing traders with patience.
Like & Follow for more under-the-radar gems! 🔍
#QFIN #Fintech #Undervalued #ValueInvesting
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.