iQIYI Inc (IQ) “On a long-term technical basis, the stock (IQ) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 18.84 and 17.64. If the stock breaks down through support at 18.84 then it will probably continue lower to 17.64. The stock has resistance at 19.75 and at 21.92. If the stock breaks up through resistance at 19.75 then it will probably continue higher to 21.92. The 200-day moving average is at 20.52. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 18.84 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (60.51).”