YY Inc is trading in a bullish trend and several arguments are in favor of the continuation of this trend.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the USD 44.30 short term support. This trend should allow the stock to cross its USD 50.5 short term resistance.

In consequence, investors can take a long position in YY Inc above the USD 50.5 short term resistance to target the USD 56.6 (swing effect). A stop loss will be set under the entry point.