WallSt007

Long Iq

Long
WallSt007 Mis à jour   
NASDAQ:IQ   iQIYI, Inc.
TradingView
Open position at $18.5
Stop loss at $17.5
Take profit at $20

Why this play?
As much as i would love to see a triple bottom for a long, I'm not sure we would get it. The china related stocks has been very beat up, especially IQ.
I have a seen a few of them reversal off already but iq hasn't really reacted much yet.
if we expect positive news on china trade deal, this would be a pretty good stock to go on long.
Trade fermée: cible de profit atteinte:
This was an easy long.
i am taking off my profit here. and opening a strangle both way for july 19.

If you appreciate my technical analysis and want to tip me
---> www.patreon.com/WallSt

Also don't forget to check my other pages beacons.ai/diywallst
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.