Trade Setup
Color Star Technology Co., Ltd., through its subsidiaries, provides online and offline music education services in the United States and China. It also offers Color World, an online cultural entertainment platform that provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication. Color Star Technology Co., Ltd. has a strategic partnership with Yinmiao Culture Development Co., Ltd. to work together in the areas of piano competition, art festival coordination, and online and offline training, as well as artificial intelligence piano hardware research and development, production, and sales. The company was formerly known as Huitao Technology Co., Ltd., and changed its name to Color Star Technology Co., Ltd. in May 2020. Color Star Technology Co., Ltd. was founded in 2005 and is based in New York, New York.
Stocks found in the category TradersPro New Uptrend are low priced stocks priced between .20 and $7, with at least 50k shares of average shares trading per day. The stocks are starting new uptrends and have buy signals. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the most recent hold signal day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro. Trailing stops or letting the stock run until the next sell signal is also a sell strategy.
