HUYA Inc.
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Quick Short - Over Bought

144
Yes, looks like we have a double bottom - a confirmation of a trend reversal....and a little research into the company, it looks good. Should be a good long term portfolio add, BUT it currently way over bought according to the RSI and I've read and seen play out that double bottoms/head and shoulders typically will trend reverse the same distance from the neckline as they did when forming the pattern. R/R also looking good.

So taking all of that into consideration, I went short before todays market close. It might have been better to go short at some point tomorrow...just watch for the short confirmation.

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