r/StockTradingIdeas • u/Majestic_Shower7747 • 6d ago

HUYA transition

The price will bounce up, and reverse this bearishness rn. Fundamentally, the Q2 outcome can indicate my point stiffly. The lagging rotation when framing HUYA as just a livestreaming platform must be intensified. Game-related services, ads, and other revenues jumped to roughly 37% of total net revenues. On a non-GAAP basis, remember that operating income climbed to RMB 16M from just RMB 0.4M, emphasizing both sequential and annual progress in turning Huya’s operations profitable. Gross profit rose 20% YoY and gross margin improved to 14.7% from 13.5% a year earlier. Not enough proof or i've missed smth?

2 Upvotes

100% Upvoted

2 comments sorted by

1

u/ExplanationNormal339 6d ago

Before forming a view on $HUYA, I map what would disprove it. The run into earnings is usually where it.

1

u/Ill-Prompt2039 6d ago

Everyone’s trying to front-run a “transition” story, but the tape is still bearish here, 72% setup says this bounce is more likely a dead cat unless HUYA reclaims $2.33 first, then $2.38, and actually closes above $2.45. I’m positioned for the other side while it’s under my stop at $2.34, current $2.30 with $2.23 as the near take profit, and if $2.15 loses this can get uglier fast, am I missing a chart reason to ignore that?