Bounce off from the oversoldPrice got sold off after the earnings and dropped further on the news of additional share issuance. Seems oversold and high 17's/low 18's is a good area to play for a bounce to AVWAP or other potential resistance levels around 21Longby PeterSlUpdated 1
IQ daily XYAB and inside day breakout longOne of the strongst IP of Iqiyi "I can I BB" just started its 7th season. On the Contrary, its stock fell significantly after they announced their share issuing plan. Compared to its peer BILI, IQ's stock had been terribly weak in the past 2 months, it's not a very crazy idea to try to look for some long opportunities here. Here we got this inside day after daily XYAB I'm willing to long this one if it's able to break to the upside today. Let's see how it goes yo!Longby Trader_Joe_Lee2
Replay of Iqiyi Short TradeI shorted pre-market with the news of IQ selling convertible bond together with the issuance of more common shares and got "scaredy cat" since this was the first time of me trading news + pre-market trading. So I kind of covered the short trade once the market started trading and only had a gained of $0.57 ($20.62 -> $20.06) but I could have done more by holding and looking at 15m chart for trend reversal but I didn't. So, reflection points: 1. Scaredy cat made me earn a lot less than I should 2. News trade + Pre-market works 3. Trade more following my convictions and not be chained by my fear by domthenic331
IQ long into February This is a long / neutral debit spread play with 73% return on capital. Long calls on feb19th @$15 strike and short calls on feb 19th @$17.50by tonytheonly221
IQ: Drops for a PERFECT BUYThe "Netflix" of China iQIYI, drops to 17.35, accordingly to the fundamental analysis that the COVID Vaccine is coming out and there will one less users from home. On the topic of technical analysis, the drop is a healthy correction creating a bullish Gartley pattern.Longby StefanoViacava225
initiated a call 18/06/2021 20 @ 2,64 18.20 WAS EXACTLY THE POINT THE STOCK REBOUNDED THE LAST TIME IT COLLAPSED , hence a strong support at the 18 line I am betting it is the same story again Not an investment advise Longby PhilippeDelpCFA0
Buy Signal: 21.80Stop: 21.00 Model picking up a potential reversal signal. Hoping for the 25.00 area Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat Longby IngenuityTradingUpdated 0
$IQIts possible price can head back up, price is at trend line support and possibly forming an descending channel towards the support of the trend line. Price could possibly head back up to the resistance. Its possible price could be forming an ascending triangle as wellLongby pmgai0
$IQ - great promise, zero execution$IQ looks great. Algorithms around the world love it. It just cannot get the legs and volume it needs to surpass the lava-river to get to the promise land . Still holding options in case it does actually break out. Longby katblat2
"IQ Long" Bullish will this be able to push back to $25+ $IQNASDAQ:IQ $IQ this has been a fallen knife today but feel as if this is a nice risk/reward playing of off this trend line will be looking to see if this can reclaim 21.92 for continuation back to the upside Longby marcskystocks1
IQ Bullish Trend LineIQ is bouncing off of it's trend line and is showing potential for a bullish reversal. As always make sure you place a stop in this trade - and make sure it fits your personal criteria.Longby justinsandell0
$IQ due for its rallyAnother stock that can take a punch or two from the news. Once the MACD line reverses and it starts moving, hang on and take those profits. Longby katblat0
IQ flipping key technical indicators for bull runIntroduction I have been watching IQ on and off for almost its whole life and after a few initial long term entries and swing trades I have left it alone. It is beginning to flip some switches for me that suggest this is going to time to be a whole lot more attentive. IQ has a relatively short life to look for long term signals and so some of these charts have particular time frames and settings. This was part of my beginning of the month analysis I do when I sort through my watchlist so I don't have new positions on right now but I will over the next couple of days. EMA Ribbon The chart on the left is set to two weeks and displays the EMA ribbon. I would prefer to use the monthly time period or even the three week but the full ribbon doens't show except on the two week setting, so here we are. The main chart texts hits the high points, namely that the price action with only a day left has found strong support on the two week ribbon and the EMA ribbon is finally starting to unfurl bullishly. It takes a lot of pumps to get the 20 to cross bullishly over the 55 EMA and it finally happened this period. Volume Profile The right side has what I call my "volume and breadth" chart as I use it to look for price action to go coast to coast (or edge to edge) on the various indicators, and it is anchored by volume analysis. The first "edge to edge" we look for is for it to go from one value area to the point of control and if it finds support we look for price action to go the other value area. Historically we see that would be about a 2x. We can see that price action fell short on two attempts and if you were not a greedy little piggie and you took profit 5% below the value area you would have had a great exits. This sets up a key point: during an full blown bull market the price action has to mount the upper value area and find support on it repeatedly. For confirmation that we are in an uptrend I would love to see the price action move above and maintain above the upper value area and see the Point of Control move up to the node at $22 and the lower value area move up to the current point of control at $18. This may take several months to develop. When the price action goes back into the value area there is a chance that it will return to the point of control. and from there the lower value area Ichimoku Cloud Almost as a side show at this point is the fact the ichimoku cloud has turned green and is beginning to thicken. At this point it is just another confirmation signal and I don't think it gives us enough for full blown cloud analysis. As price action gets above the cloud we can start looking for T-K Crosses. When the volume profile upper value area and cloud are in the same vicinity it is a sign that the move has a lot of support. When the price action and cloud get high above the upper volume area we are in full blown bubble territory. It is my plan to get into the bulk of my position before or as that happens. You can see that happen on bitcoin on the daily chart here. On Balance Volume I often have the red fast EMA at 10, the blue medium at 20, and the slow EMA in green to 100 period but that doesn't provide any real information except that volume action is above the slow ema. As such I set the OBV EMAs to 25, 50 and 75 which has some prima facie validity as common sense settings. On these settings we see that the OBV has finally tested the slow EMA as support and after some activity, established a bullish ordering of the OBV, fast, medium and slow EMAS. This bullish ordering clears up a technical limitation that would prevent more cautious investors with a mature understanding of volume for going for long term holds. MACD The chart below is set to the one month and shows the default MACD EMAs. I don't bother to show the full MACD w/ histogram becausae it doesn't really exist. THere is only a couple of period on the signal line so that isn't helpful at all. We clearly see the price action is causing the EMAS to be cents away from a cross and price action has tested both EMAs as support. This still has a full month to develop though. What I am doing That was a whole lot of analysis to get to my personal strategy. With everything pointing to a bullish set up I can now look at buying dips with confidence for a long term holds. The places to buy are going to be any time price action has popped out the daily bollinger band (in yellow) and definitely any time it pops below the baseline of the weekly bollinger band (in blue). The weekly bollinger band doesn't have the lower limit because where we are going, we don't need it, perhaps for years. Seeing it below or finding support on the weekly baseline is also going to be a place where I buy call options, especially with bullishness on other indicators like the MACD or RSI (Not show). Of course, I am not qualified to give financial advice and this is just me developing a more robust battle plan for myself. Longby This_Guhy223
$IQ is ready for breakoutAlert set at 22.89. Unusual option activity: 8,000 31December 25 calls bought for 0.52 to 0.71 above open interest of 1,205 contracts. Stock 22.48-22.87.Longby IrshuEK110
IQ LONG TRADE IDEAReported a good earnings and then sold off and were bouncing off the 200 EMA, Bouncing around the trend lind even tho its a tad bit choppy. The Stoch RSI Has crossed bullish and the MacD is turning bullish but hasnt had the conformation cross i like to wait for. Good luck and happy holidays everyone! <3 :)Longby SuccessCapitalManagement3
#IQ Bounce to Gap Fill#IQ setting up for a clean comeback. Support curve forming, Squeeze indicator firing on the 3hr chart. Gap to fill above price action. Expiration Date far enough out to manage swing turbulence. *Not Financial Advice Pendejos. NASDAQ:IQLongby Crosshairs_Capital0
Long IQ- Watch EWO go above yellow (4 wave) - Watch SPEED FIB RESISTANCE - Stop 20.5 - Target 30 - 33Longby edgartrader1396Updated 1