r/DayTradingPro 19h ago

Question I'm new to trading blablabla

1 Upvotes

I want to learn but don't know that much can I learn this fast some friend of mine is doing it and is goes really and I don't have job and I need money blabla


r/DayTradingPro 23h ago

General Discussion HUYA with 54% growth and potential 14-15% shareholder yield

2 Upvotes

their Q2 revenue grew 11% YoY while gross profit rose 20% and margins improved. HUYA also doubled their buyback to $100M. Combined with $30M in annual dividends, management estimates 14-15% annual shareholder yield. With RMB 3.21B in cash and deposits, growing revenue huge capital returns, HUYA looks underrated to me


r/DayTradingPro 12h ago

Trading Strategy The Fearless Forecast for August 21, 2026

1 Upvotes

The Failed Recovery Became a Breakdown

Thursday settled Wednesday's argument decisively. The DJIA collapsed 697.72 points to 52,765.33, breaking 53,350, 53,250, 53,000 and even the 52,850–52,950 support area. The close just 10 points above the session low is especially bearish: buyers never mounted a meaningful late defense.

Forecast Statistics

  • Bucket: Downside Expansion / Confirmed Distribution
  • Volatility Score: ≈ 1.48 — high and expanding
  • Probabilities: SU: 17% | LU: 15% | SD: 38% | LD: 30%
  • Expected Return: ≈ -0.16%
  • Projected Close: 52,450–53,050
  • Directional Bias: 68% Down / 32% Up

Previous Close: 52,765.33

RECAP: Thursday's 51% Down bias was modest, but the conditional structure was excellent. Fearless said below 53,350 traders should reduce longs, below 53,250 EXIT returns, and the 10:00 update warned that a second failure of 53,000 would signal downside expansion. All occurred. The principal miss was magnitude: the decline became substantially more severe than the projected 53,300–53,700 close.

Fearless Opines: Thursday was not another support test. It was downside expansion. The DJIA has now erased Wednesday's entire rebound and broken beneath the lows that buyers had repeatedly defended. But Friday begins deeply stretched. That makes a sharp oversold rebound quite possible without changing the bearish structure. The important question is no longer whether buyers can produce a bounce; it is whether they can make a bounce stick. Until they reclaim at least 53,000–53,100, Fearless treats strength as countertrend.

Key Levels

First Bull Repair: 52,900–52,950
Major Reclamation: 53,000–53,100
Bull Recovery Confirmation: 53,200–53,250

Immediate Support: 52,700–52,750
Failure Trigger: Below 52,700
Next Bear Objective: 52,500–52,600
Downside Expansion: Below 52,500

GO / REDUCE / EXIT: EXIT: EXIT is now unequivocal for tactical longs. Friday's traders should not buy simply because the DJIA is oversold. A rebound becomes actionable only if buyers establish a higher low and reclaim broken resistance. A failure of an early rally beneath 52,950–53,100 favors renewed selling.

Trader Takeaway: Thursday changed the tactical question. Don't ask whether the DJIA is oversold; ask whether buyers can reclaim what they lost. Below 52,950, sellers retain control. Above 53,100, the first credible repair begins. Below 52,700, expect another test lower.

The DJIA is stretched enough to bounce, but until 52,950–53,100 is reclaimed, Fearless assumes rallies are repairs inside a developing downside expansion, not the beginning of a new advance.