NYSE:TUYA - New York Stock Exchange, Inc. - US90114C1071 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to TUYA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TUYA is showing a nice and steady performance.
Although TUYA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.48
3 important support areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
4.07 | 3.41 | 0.66 (16.22%) | 6.17% |
An entry @4.07. This is a Buy Stop order right above the 10 day high. | An exit @3.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.66 points, which is 16.22%. | When investing 6.17% of your capital in this trade, your total portfolio risk will be 1.00%. |
4.03
+0.59 (+17.15%)