LONG DOYUExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
DOYU trade ideas
Ready for a big run into earningsLooks like a base is in and with some convergence of the ascending and descending trend line around the fib, the move over should be big.
Consolidation period. Seems like it is consolidating which could be a good buying point. ARK invest is buying this company as well. Must be for a really good reason. Considering getting in. Not a financial advisor.
DOYU LongDOYU - Might be consolidating here and watching for break of 16.50 for upside of pt1: $18 and pt2: $20
DOYU - Potential broken uptrend, resistance turned supportI did this when very tired so not 100 per cent sure, but looks to me like a nice uptrend that has potentially been broken and will likely be re-tested.
Plus we see here a resistance - support flip that is now being tested. First test is best test.
I will monitor this closely and look for continuation. It's worth noting the lack of chart history here and this perhaps clouds my judgement on this one!
DOYU : Nice breakout with Cup patternDOYU : Its Last two positive earning, and now cup without handle pattern.
Nice breakout with high volume. DOYU has made some space in my portfolio.
Swing trading Idea :
Buy above $9.70
Stop loss : $8.45
Target price : $15.5
DOYU 1d chartI know nothing about this company - but WOW do I like this chart. On the daily it just broke through a 2nd level resistance. Volume has been increasing. I dont tend to jump on stocks in this price range, but from what I am seeing this chart shows a great upside with little resistance and with some volume this could really run.
DOYU Long• Ticker - DOYU
• Entry: 9.11
• Stop loss: 8.76
• Profit target 1: 9.50
• Profit target 2: 9.68
Doyu to the moonDoyu has been undervalued since IPO, Tencent will to something to bring it back to the real price. It could be up to $18-36 in the future. Why dont we buy it when its at the bottom?
Do you buy DOUYU?Kind of a lottery of this one since there is no much background, however it just broke resistance and you could buy above Friday's high 9.60 if it goes there.
This could be a nice rocket...
Douyu first earnings reportThis coming Tuesday 13th, Douyu will report earnings for the first time.
DOYU is 28% below its IPO price.
Buyers probably won't let DOYU continue to slide.
