jigglyp
2023-07-07

Bullish on Huya $Huya Inc.(HUYA)$!

As you can see, we have a nice cup and handle chart pattern. The cup base looks pretty strong at 12 weeks of formation. I'm expecting an entry at $3.89 if the vol is greater than 4M. I predict this stock will run up within the next couple of weeks. I'm expecting to take profits around $4.75 but I wouldn't be shocked if price runs up to 5.10 on really strong vol. My stop loss will be set at $3.59 (last support level) to manage a 8% loss if trend breaks. What do you guys think about this idea?

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Comments

  • Hopehope赋予希望
    2023-07-10
    Hopehope赋予希望
    Huya stock price is highly volatile. its movement is closely tied to Chinese tech stocks too
  • MSJYJ
    2023-07-08
    MSJYJ
    good
  • Bons
    2023-07-08
    Bons
    ok
  • YJ13
    2023-07-07
    YJ13
    good
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