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Technology Stocks : iQIYI (IQ)
IQ 2.250-2.6%9:30 AM EST

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To: Lynn who wrote (154)8/21/2018 9:07:12 AM
From: ACAN1 Recommendation

Recommended By
Lynn

   of 193
 
My pleasure, Lynn. I enjoy trying to interpret charts, especially IQ. There are a lot of folks with a vision of the future in this stock, and also a lot of traders who try to buy local lows and ride to a high profit and cut and run. The bailers as we have called them saw an opp at 25 on Friday and just couldn't resist taking 4 bucks off the table at yesterday's high. And in turn the buyers kicked in below 28 late in the afternoon and brought us to a support at 28. The bailers may be sorry they jumped ship later this week.
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