YY/N trade ideas
ABC BullishStop possibly below 74.35
T2. 136 to 153. Targets 2 are usually down the road and after a significant pull back. Chances are the stock will become overbought and pull back if and when it reaches targets 2
Not a recommendation
YY free to runBroker out of downtrend and above all moving averages. Looks good to run to top of channel, targeting zone around the fibs.
YY - 50% projected advanceAlthough lacking in volume for now, this set up looks good for a significant advance in the medium term.
The market sector is favourable.
The chart is coiled.
Risk/Reward are looking good with clear levels highlighted in blue.
An Option Lesson on $YY$YY - If You are not disciplined, Guaranteed Loser market.
1. Options Liquidity
2. MM manipulating Options Market
3. Staying in the trader and TAKING HEAT.
The story is 07/09 I entered a debit spread as it checked out all my criteria for UCS#1 Long Trade.
$2 Wide Spread for $0.95 (Thanks to Skew)
On 7/16 - The Short side lost 75% of its credit, so Closed it effectively bringing my Long trade risk down by 60%
Left the Long side to close on a bounce.
On 07/21 - The Long side ran higher Closing the net trade for 80% winner.
The lesson is. For my trading mindset Its worth to establish the position and leg out (or not) or add smaller risks on the troubling candidates. (In case of YY, due to liquidity I couldnt manage it at all, so Legging out was the best options).
For any options trader, You have to understand your mindset which will define your profitability.
Chinese Social Media Stock JOYY... Major Breakout Target 1 is 89.
After that we're seeing new highs.
Chinese stocks are headed for a major bull market based on the consistency I'm seeing.
YY: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
YY - I Want SharesLooking to go long if it pulls back a tad. I like a August 2020 put sale.
I do not mind owning shares of YY.
$YY Joyy Inc trade setuopEntry level to be confirmed but the stock is bullish given the move in Chinese stocks and ETF inflows last week.
We also have a bullish crossing of the moving averages signalling a move higher.
[Long Idea] YYThis company is the "twitch" of China and has some decent fundamental footing.
With the dollar weakening and China easing this one could play catchup to the rest of the Chinese tech sector.
It certainly is at long-term lows, maybe worth watching if today's strength begins to see follow through.
[Long Idea] YYI have heard some bullish fundamental analysis on YY, but am uncertain about the macro picture in China.
If they successfully pull off a stimulus, this could be a stock that runs.
If YY can recover the 50ma quickly that will be a very bullish sign.
$YY Long trade in YY Inc into earnings.Long term downtrend under attack today, lets see if earnings can surprise and lead to what could be a explosive move higher.
P/E ratio 6.73
Company profile
YY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. Its services include music and entertainment, online games, online dating, live game broadcasting, online education, and advertising. It operates through following segments: Live Streaming, Online Games, Membership and Others. The Live Streaming segment engages in the sales of in-channel virtual items used on live streaming platforms, including YY Live platform and Huya platform. The Online Games segment engages in the sales of in-game virtual items used for games. The Membership segment engages in the collection of membership subscription fees. The Others segment engages in the online education platform and online advertising and promotion. The company was founded by Xueling Li and Jun Lei in April 2005 and is headquartered in Guangzhou, China.
Long Term Cycle Starting Again?Bullish Long Term Cycle starting again with time/price prediction of new high gl.
YY - Getting Ready to Take Off?Wave 5 is shaping up like wave 3. I am in shares at $70. Lets flex those holding through trades muscles on this trade.
Oh and by the way, the quarter/quarter sales increase every quarter. :)
