Huya - China growing Esports Company

30 Nov 2019

See chart

3 Dis 2019

Nota

19.50 is the support level. If this breaks, then we can expect price to go lower towards 15.19.

11 Dis 2019

Nota

Heading nicely towards the 15.19 level. Those who took a short sell, congrats. Those who wanna buy, wait and be patient. Low can get lower as we never know what happen once the price reaches the 15.19 level. It might rebound or pierce through some more before rebound, so wait patiently.

24 Dis 2019

Nota

Praise Lord. No surprises thus far, falling down nicely to the level we expect to scoop up. Be patient. Let the price comes to your desired level, if you missed it , wait for 2nd opportunity. The one thing I have learnt is not to get too fixated with buying at the bottom or selling at the peak. That is a bonus if you can do it and practice makes perfect.

Riding the trend up or down is more crucial than to beat yourself up over that precise entry, right ?

2 Jan 2020

Nota

Praise Lord. Looks like it is rebounding before hitting the support level of 15.19

5 Mac 2020

Nota

16 march they will release its Q4 2019 results.

28 Apr 2020

Nota

shine.cn/news/metro/2004287162/

7 Mei 2020

Nota

scmp.com/tech/enterprises/article/3082893/chinas-e-sports-market-tops-100-billion-yuan-first-time-after?utm_medium=email&utm_source=mailchimp&utm_campaign=enlz-tech_wrap&utm_content=20200507&MCUID=732c411089&MCCampaignID=51e32e854a&MCAccountID=3775521f5f542047246d9c827&tc=7

26 Apr 2021

Nota

we added some more as it is hard to say if it will revisit the support at 15.19, if it does and rebound then we may buy a bit more as well.

6 Jun 2021

Nota

looking at the longer term chart, one can see that it is still in the consolidating phase since 3 years ago......

The current price looks like a bottom is near (though recent US ban on Chinese Tech companies might bring it down a notch more ). Will monitor some more before accumulating.....