Anyone looking at $MEITUAN-W(03690)$
with price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the 23.6% Fibonacci retarcement to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement.
Entry: 186.6[Smile]
Take profit: 210[Miser]
Stop loss: 175.8[Speechless]
$Meituan 5xShortSG220216(DZXW.SI)$
$Meituan 5xLongSG220808(DMGW.SI)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments