$HUYA - HUYA INC // LONG

2020年12月8日

HUYA is flagging and bounced nicely around .618FIB Level. Going Forward, this should act as key support. HUYA and DOYU are merging; since the news they lost around 15% and 19% respectively. This merge will create a platform with +300 million users and China´s biggest video game streaming platform. HUYA will be the ticket that remains listed.
Also, the bill forcing Chinese firms to meet US accounting standards has affecting HUYA. IMO the bill grants enough time for any Chinese firm to comply.
Stop-loss and targets are given in the chart.

2021年1月19日

注释

Target 1: reached

2021年1月26日

注释

Target 2: reached

2021年2月11日

交易结束：到达目标

All targets reached