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IQ - Buy on Dip candidate

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NASDAQ:IQ   iQIYI, Inc.
Another "candidate" for Buy on DIP - IQ

Price slides ~30% from mid June peak @ 46.
Price retrace to 50% Fibo level. Support at 30 level looks solid
Price stay above EMA50 and starting to cross above EMA20.

Volume is picking up. ~50m traded exceed 40m moving average.

No sell signal from Bollinger Band indicator..

Price closes above high of last 2 candles for the first time with +ve force index.

RR Ratio > 2

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