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MadebyTrade
Apr 28, 2021 11:28 PM

HUYA - [Reversal] Long Long

HUYA Inc.NYSE

Description

Time to go long with HUYA - I'll keep this short & sweet to save you the "Car Salesman" pitch.


We've bottomed out on the .236 level and are looking to make a break through the $19 barrier before we take our first batch of profits at $21 being our next level of resistance. I'm setting a close stop at $18

Couple of other favorable factors;
- Increasing volume on the daily timeframe
- RSI is healthy (not showing overbought conditions)


Good luck

Trade closed: stop reached

Comments
Mayfair_Ventures
Ouch!
MadebyTrade
@Mayfair_Ventures, Underpins the importance of Risk Management in any trading approach :)
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