IQ headed towards 5.64NASDAQ:IQ weekly harmonic structure, double bottom on support, weekly rsi and mcd divergence, target is 5.64
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0.21 USD
271.77 M USD
4.50 B USD
524.21 M
About iQIYI, Inc.
Sector
Industry
CEO
Yu Gong
Website
Headquarters
Chaoyang District
Founded
2009
FIGI
BBG00K6DZBD3
iQIYI, Inc. provides online entertainment services. It attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency and online literature. The firm distinguishes itself in the online entertainment industry by its technology platform powered by advanced AI, big data analytics and other core proprietary technologies. The company was founded by Yu Gong on November 27, 2009 and is headquartered in Haidan District, China.
IQ headed towards 5.64NASDAQ:IQ weekly harmonic structure, double bottom on support, weekly rsi and mcd divergence, target is 5.64
IQ. Watch....My fibs have an entry and target. I have discovered a fib pull that is very accurate. I have many Chinese stocks dropping 50% and pumping according to my fibs. IQ will be the best performer. I will be buying when we reach $0.75. My target will be the the levels at the top of the chart.
IQ bullish consolidation target 4$retraced to the breakout trendline, waiting for this weeks closing confirmation.
the target is 4$
Ready for a long trade?I've placed a BUY STOP order above the last trading day's high. The reasons :
If the last high gets broken to the upside, I expect a short-term turnaround of the price movement.
The simple moving averages should do a bullish crossover.
the privce could rise until the last high zone between 3.00
Bullish IQ , online video streaming in chinaIQ has been drowned and punished for a light q2 june earning report.
seasonally/historically q2 has been the lightest quarter for past 3 years.
the best quarters are toward the winter holidays.
Current valuation is very attractive low PE, low price to sales.
Balance sheet has some debt, so its n
IQ iQiyi streaming platform in china could do well over 5 years3.44$ stock seems to be a deep value play. Tangible book is near at 1.85.
Already earning .41 for 2023 and expected to earn .49 in 2024, IQ has a forward earnings yield of over 14%. In addition to low Price to earnings, the growth potential expected is over 20% to as 38%.
Plotting out the growth t
$IQ - gearing up to move upIndicators aren't flashing bull yet, but it's getting ready to.
Consolidation, support, room to move, and volume.
Solely techincal here, nothing about the company.
Not trade advice
Another way to play IQ (oversold)IQ has been oversold for 3 days now. I haven't pulled the trigger because I felt like it might fall farther and there are other opportunities in other stocks coming. I'm still not 100% convinced it's done falling, but there's a way to play this that I might use. Selling cash-secured puts.
This work
IQ.Naz iQIYI, Inc. Prints a Cup & Handle Pattern.iQIYI, Inc. The Chinese Netflix has printed a Cup & Handle Pattern which is a Bullish formation.
The Chart Study should be self explanatory.
You can also drag the chart to see my Projection Target Range.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decision
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