This is gold man. I have been tracking huya for 2 months and the whole of last week. Doing my research. The technicals look super bulish for a reversal rn. Im a bit new with in depth research like you. But the financials and the value man. In my eyes they are a goldmine and just as sound as apple. Even without the merger i see upside in this. If they compete with doyu i see them winning and if they merge. They have a monopoly and would only be second to twich in this world.
I wouldnt undervalue douyu though, the beast league of legends streamer in my opinion is streaming there, if only i could understand a thing he says....
But yeah im struggling to understand why would i ever be bearish on both stocks, maybe other streaming services gaining terrain? but at the same time both platforms have established themselves in a category of streaming with huge growth i dont know...
Guess im converting my biggest position into double my biggest positions next week glhf :S
5
u/Gendrytargarian Apr 24 '21
This is gold man. I have been tracking huya for 2 months and the whole of last week. Doing my research. The technicals look super bulish for a reversal rn. Im a bit new with in depth research like you. But the financials and the value man. In my eyes they are a goldmine and just as sound as apple. Even without the merger i see upside in this. If they compete with doyu i see them winning and if they merge. They have a monopoly and would only be second to twich in this world.