iQIYI, Inc.Long
IQ to consolidate in larger wedge pattern before moving higher?
Looks to me that IQ will consolidate for the next few weeks in a larger wedge pattern. The stock has doubled in a short time, now it needs a break for the next move up. I believe major support will be found at $34.50, and where I have a buy order at. Then it will trade within this wedge pattern before making the next $15 move up.
IQ will consolidate for the next few weeks in a larger wedge pattern. The stock has doubled in a short time, now it needs a break for the next move up. I believe major support will be found at $34.50, and where I have a buy order at. Then it will trade within this wedge pattern before making the next $15 move up. 
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