IQ, WILL HISTORY REPEAT IT SELF?

Hello fellow traders and investors, here's another trade idea.
IQ has recently pulled back to the common support area, if IQ makes a recovery to the take profit area it offers a 45 to 65% ROI.

Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI is oversold

When To Buy:
When the EMA's and the Macd crossover

When To Sell:
I recommend selling at the take profit area.

Fundamentals: IQ is an Asian online streaming service provider. Their P/S is 2.89 which is quite good, a debt/equity of 2.22 which is very bad, a sales growth Q/Q of -0.50%, an earnings per share growth of 39% Q/Q, a profit margin of -23.70% and I do have to warn that this stock is quite volatile.

Rating: 50/100 the technicals look really good but the fundamentals aren't very good with a lot of debt, a profit margin of -23.70% and sales growth of -0.50% Q/Q their fundamentals aren't great.
NOTE: There's a resistance around the 200$ area.

I hope you enjoyed this quick analysis and many more to come.
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Thanks.