YY/N trade ideas
YY- Trade setup Any gap above this line and I'm playing to the 200MA. earnings coming so it reaches I'm out.
YY INC Stock NASDAQ -H1 Bearish Continue Rectangle & Short SetupYY INC Stock NASDAQ -H1 Bearish Continue Rectangle Formation and Short Setup
Description: FXAndalanBangsa found a Bearish Continue Rectangle formation on H1 Chart Timeframe.
Trade Period: Intraday Trading
Instrument: YY INC Stock NASDAQ
Time Frame: H1
The trend in the Timeframe: Bearish
The trend in the Daily Chart: Bearish
Trade Based On: The Bearish Continue Rectangle Pattern
Accuracy: %82
Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage
Trade: Short
The Area Of The Entry: 65.35-66.35
Stop Loss: 67.75
Target 1: 58.30
You can follow the setup: Bearish Continue Rectangle Pattern
YY in the process of reversingA divergence of trend between RSI and price is forming on 1day chart. This is a bullish pattern. In the meantime, another bullish pattern appears on the 1hour chart, with price low becoming higher and RSI low keeping going down.
Currently, there's no buy signal yet.
YY - Increasing volumeChinese cellphone platforms:
Y Inc. (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company's segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning. YY offers users an entertainment experience through its social community. It owns the domain names of YY.com, Duowan.com, 100.com, Huya.com, Edu24ol.com and Zhiniu8.com. The Company's YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. Its product, YY Client, enables users to engage in live interactions online. Its Web-based YY enables users to conduct real-time interactions through Web browsers without requiring any downloads or installations.
Full retracement, when will Cboe VIX drop below 15-16?
YY
AMEX:CBOE
YY earning gap to 0.618+AB=CD, and potential bat patternYY dropped a lot after its ER, which actually beat analyst's estimate but still got sold off horribly.
Like the FB trade last time, it's heading to 0.618 after this earning gap.
This 0.618 also has an AB=CD combination, while there is also a potential bullish bat at 44 spot.
So I'll be looking for some reversal sign right here to see if there are buying opportunities here.
If not, next station will be the bat to make me interested in taking long position of YY.
Let's see how it goes!
Might Be A BottomLook for the clearance above recent resistance and for the stock to make a run to the gap fill.
Expecting wave 5 to reach a new highinteresting facts:
wave 3 equals approximately 4.236 times the length of wave 1
wave 4 has retraced approximately 50% of wave 3 it also ended near the lower line of the blue trend channel (connecting end of wave 1, 2 &3 to draw)
Note
wave 4 could take a more complex formation such as triangle (very common structure for wave 4), but it probably won't stop bulls grinding for another new high in the next few months time
YY longCompany with high growth, and very good financial health. Based on technical analysis soon it willl be time ot buy
YY stock: a great buy or a risky value proposition?YY is a social media and internet streaming company based in the People's Republic of China. The company has an appealing quality and growth outlook, given that access to internet services in China has improved in the recent years and it is still on the upside.
The company produced solid Q2 numbers; however, it issued low Q3 guidance, and as a result, the shares tanked. Management justified this with a one-time event, the World Cup, which timing-wise coincided with the peak live-streaming hours on YY.com.
In the last 4 years, YY has increased total revenue three times, from $593 million in fiscal 2014 to $1.78 billion in fiscal 2017. The company's EPS increased by 29% year-on-year.
www.finstead.com
YY LONG Playing $YY which is down on gaming regulations. Think we may pop out the gate just looking for a quick 1 to 3 points on this. Leave room to add if it pulls. Think we could get a little gap fill back up. DB analyst out with a 145 price target. NASDAQ:YY
wh yy ou do diz (2)This company had a great 2017 but this year has been a disaster! since its recent peak at 140$ the company has lost almost 50% of its value. So right now the big question is, where will it bounce?. I want to buy for a short counterbounce and so i am looking for a overextended selloff.
Timing = 0 ( I dont think this stock is hitting its bottom soon and the market is very high right now)
Volume = 1 ( the volume is decreasing as the stock moves lower which means it could reverse quickly )
Group strength = 1 (internet content & information looks to be doing great)
Entry = 0 ( I think a bounce is likely between 70-60$ range, i want a overextended entry so i pick the lower part of the range)
Fractal = 0 (this stock doesnt have that much history yet)
ReversalExpecting a reversal, will wait for confirmation on trend. Trade Active when closing above 93.
YY should be done it's consolidation soonAbout 2 weeks of consolidation, looking to see a pop up to 109-114. Will have to re-look at things before earnings
YY bullish bat pattern long opportunityYY had an outstanding 2618 short off 121.8 previously, here it's forming a new bullish pattern.
China stocks bounced a little bit today, if it can give a intraday set-up to long, it's still a worth taking trade!
Let's see how it goes!
$YY - Short term choppy, long term buy Lil neg MFI divergence but so far, but key is the higher lows. Could see some profit taking / selling on weakness $YY + a dip @ / around $103. Been keeping this one on watch for a little bit, but just now taking the setup to terms. Mid/long-term definitely has potential to see 200% ($131.50 - $132) as long as trend continues making higher lows. Regardless, that $103.50 long / call entry checks out as an A1 scalp for the up-side.
