Proposition For Short-Term Long Position On $YRD

26 thg 12, 2016

This last year YRD had 209M in revenue, 193M in profit, and 43.8M in net income. They currently have $0 debt, 308.5M in assest with 190M of that in capital. They sit at only a 10.8 P/E ratio and 3.3 P/R. YRD is currently at a 4 week low and in the middle of it's 52 week spread. It has recently trended downwards in close relation to American/Chinese trade relations, but YRD does almost all of its business in China. News has been silent and YRD looks to be making a technical based climb.

Entry Price: $22.10
Stop Loss: 21:70
Take Profit: $23.5