Update on Meituan
Hola guys! Another update on $MEITUAN-W(03690)$
Looking to play the bounce now.
With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the horizontal pullback support where the 23.6% Fibonacci retracement and ichimoku support is. Looking to play it back to the horizontal swing high in line with the 78.6% Fibonacci retracement. Alternatively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement are.
Entry: 185.4[Smile]
Take profit: 212.8[Miser]
Stop loss: 175.6[Glance]
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- PandoraHaggai·2022-07-02Thank you for your technical analysis of this stock.LikeReport
- DonnaMay·2022-07-02What a good post, I learned a lot.LikeReport
- HilaryWilde·2022-07-02Can you analyze BABA?LikeReport
- MortimerDodd·2022-07-02You set a stop loss order is very good.LikeReport
- BurnellStella·2022-07-02I don't think MEITUAN will rebound so soon.LikeReport
- BellaFaraday·2022-07-02There's still a lot of pressure up there.LikeReport
- 老赌神·2022-07-01👍LikeReport
- chandra·2022-07-01okLikeReport
- champion6834·2022-07-01hiLikeReport
- DQS4288·2022-07-01👍🏻LikeReport
- Mingfa·2022-07-01okokoLikeReport
- Kiki19·2022-07-01KLikeReport