Phoenix New Media Ltd (FENG)

[DeyTreyder]

While I think it should trade above where it is, I'm not really sure where it should go.

I show a high target of $14.77 here:

http://www.4-traders.com/PHOENIX-NEW-MEDIA-LTD-ADR-7954902/consensus/

I don't see why this can't keep rising based upon all of the fundamentals.

But it's not how I trade so I got out when I reached my target. I have a number of other stocks I'm looking at that I'm dying to get in so I had to pull out. : )

Good luck to you. I think being long on FENG is a great place to be!