News Focus
News Focus
Replies to #131 on iQiyi (IQ)
icon url

cjstocksup

06/27/18 11:46 PM

#134 RE: TheHunter2013 #131

I am still long IQ. Sold and rebought several times but look at the 1 month chart. IQ is way oversold down here that is why it was so easy to run over $38.00 this AM when everyone thought these trade wars were subsiding. This has been talked about since March and IQ ran the whole time even in super red markets. It is only this past week it seems when a lot of options traders got involved and started messing up the PPS. I think we get a very green day tomorrow as the Chinese markets are all green and they have not been green in awhile!
icon url

Takencareofbidness

06/28/18 2:13 PM

#136 RE: TheHunter2013 #131

"The reason it has been dropping is because of the trade war with China."
Huh? What does IQ import or export that would make that an issue?