HUYA - Setting up for a huge run
IF it can clear 200 DMA overhead, can soar to 8.
Upside targets: 4.26, 5, 6, 8
Still plenty of time to get in. Let's see what happens tomorrow.
Long half position from 3.3, stop loss around 3.50
Huyalong
HUYALooks like a double bottom to me.
All Chinese stocks are going to bounce eventually.
Isn't this one a Chinese Twitch and China is one of the largest video and gaming streaming markets in the world?
Seems like a buy and hold to me.
HUYA - 65% Potential to 28 USD! THE NEW GAMESTOP?In my opinion Huya could be a big Trade in the next weeks/months.
Reasons:
-The Gaming/E-Sports Streaming Industry is set to triple in the next two years
-The Interest on Wallstreetbets is growing
-Technically it seems to have a trend reversal
-if the merger with Doyu happens they have a complete monopoly (also a risk because of the Chinese government)
-the numbers were good, but the chart didn't react
-high short interest
More details on Wallstreetbets(cant post the link here)
So the fundamentals look very good, that's why I think it's also an interesting long term play, but besides that I was very surprised to see some posts on Wallstreetsbets about it in my opinion that's a very bullish signal, the posts performed extremely well, and I can't find a reason why this shouldn't be the next big WSB play.
--- If the WSB interest really will grow like that, there is a way bigger growth possible.
Excuse my German school English.
HUYA BUY OR LONG , TARGET UP TO $28.5HUYA Already confirmed the "Rising Triangle" pattern at $22.50 .
HUYA buy zone : $23 - 23.20 (or any) .
HUYA target : $28 +- $0.5
Stop loss : 10% Or options vs your position.
Wish you good deals !
