Waiting for break on Meituan

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Waiting for break on Meituan

Forexbae
2022-06-27

Hola guys! Just a little update on $MEITUAN-W(03690)$

Looking to play the continuation now.

With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.

Entry: 89.05

Take profit: 99.60

Stop loss: 186.6

$Meituan 5xShortSG220216(DZXW.SI)$

$Meituan 5xLongSG220808(DMGW.SI)$

# Technical Analysis

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WernerBilly
·2022-06-27
love meituan, chinese stocks will fly!
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- Veldora:
  [Surprised]
  2022-06-28
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WalterD
·2022-06-30
Underrated stock, as soon as this is listed on Nasdaq this will rise and rise
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喬志明
·2022-06-27
Hopefully I can collect tiger’s meituan vouchers in time for the rise. great potential all around
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HarryCox
·2022-06-27
The internet companies in China are recovering well. Will hold and see
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EvanHolt
·2022-06-28
Nice post, I will share it with others.
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Irene104
·2022-06-28
Ok
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Just a little update on <a target=\"_blank\" href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>&nbsp;Looking to play the continuation now.&nbsp;With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 186.6 <a target=\"_blank\" href=\"https://ttm.financial/S/DZXW.SI\">$Meituan 5xShortSG220216(DZXW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DMGW.SI\">$Meituan 5xLongSG220808(DMGW.SI)$</a>&nbsp;<img src=\"https://community-static.tradeup.com/news/242228d2d2e96d95a5b5ce874b9a9093\" tg-width=\"632\" tg-height=\"369\"></body></html>","htmlText":"<html><head></head><body>Hola guys! Just a little update on <a target=\"_blank\" href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>&nbsp;Looking to play the continuation now.&nbsp;With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 186.6 <a target=\"_blank\" href=\"https://ttm.financial/S/DZXW.SI\">$Meituan 5xShortSG220216(DZXW.SI)$</a>&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/DMGW.SI\">$Meituan 5xLongSG220808(DMGW.SI)$</a>&nbsp;<img src=\"https://community-static.tradeup.com/news/242228d2d2e96d95a5b5ce874b9a9093\" tg-width=\"632\" tg-height=\"369\"></body></html>","text":"Hola guys! Just a little update on $MEITUAN-W(03690)$ Looking to play the continuation now. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement. Entry: 89.05 Take profit: 99.60 Stop loss: 186.6 $Meituan 5xShortSG220216(DZXW.SI)$ $Meituan 5xLongSG220808(DMGW.SI)$","highlighted":1,"essential":2,"paper":2,"likeSize":16,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9046175469","repostId":0,"isVote":1,"tweetType":1,"viewCount":672,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["03690","DZXW.SI","DMGW.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":579,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102550234,"commentId":"102550234","gmtCreate":1656323596307,"gmtModify":1663252797145,"authorId":9000000000000349,"author":{"id":9000000000000349,"idStr":"9000000000000349","authorId":9000000000000349,"name":"WernerBilly","avatar":"https://static.tigerbbs.com/2214c44af667ceaccefbb23d0bcacbb8","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"love meituan, chinese stocks will fly!","text":"love meituan, chinese stocks will fly!","html":"love meituan, chinese stocks will fly!","likeSize":0,"commentSize":1,"subComments":[{"id":102560368,"commentId":"102560368","gmtCreate":1656361491232,"gmtModify":1663252844447,"authorId":3580473686930895,"author":{"id":3580473686930895,"idStr":"3580473686930895","authorId":3580473686930895,"name":"Veldora","avatar":"https://static.tigerbbs.com/2c60768e017f3418615cd7dea3a291ec","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":102550234,"supIdStr":"102550234","prevId":0,"prevIdStr":"0","content":"[Surprised]","text":"[Surprised]","html":"[Surprised]"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102613147,"commentId":"102613147","gmtCreate":1656575753023,"gmtModify":1663253088944,"authorId":9000000000000133,"author":{"id":9000000000000133,"idStr":"9000000000000133","authorId":9000000000000133,"name":"WalterD","avatar":"https://static.tigerbbs.com/913bd7c943b66ec0e8fdf377f9038692","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Underrated stock, as soon as this is listed on Nasdaq this will rise and rise","text":"Underrated stock, as soon as this is listed on Nasdaq this will rise and rise","html":"Underrated stock, as soon as this is listed on Nasdaq this will rise and rise","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102550973,"commentId":"102550973","gmtCreate":1656330461988,"gmtModify":1663252797451,"authorId":4113783849516042,"author":{"id":4113783849516042,"idStr":"4113783849516042","authorId":4113783849516042,"name":"喬志明","avatar":"https://community-static.tradeup.com/news/005816c78c26671039cca967d67806d2","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hopefully I can collect tiger’s meituan vouchers in time for the rise. great potential all around","text":"Hopefully I can collect tiger’s meituan vouchers in time for the rise. great potential all around","html":"Hopefully I can collect tiger’s meituan vouchers in time for the rise. great potential all around","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102550267,"commentId":"102550267","gmtCreate":1656323778881,"gmtModify":1663252795146,"authorId":9000000000000164,"author":{"id":9000000000000164,"idStr":"9000000000000164","authorId":9000000000000164,"name":"HarryCox","avatar":"https://static.tigerbbs.com/68b6583f2225af9e47d6576367702edb","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"The internet companies in China are recovering well. Will hold and see","text":"The internet companies in China are recovering well. Will hold and see","html":"The internet companies in China are recovering well. Will hold and see","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102574163,"commentId":"102574163","gmtCreate":1656405226188,"gmtModify":1663252911639,"authorId":9000000000000592,"author":{"id":9000000000000592,"idStr":"9000000000000592","authorId":9000000000000592,"name":"EvanHolt","avatar":"https://static.tigerbbs.com/1cd57814a32b0b71cd3970e95d101105","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Nice post, I will share it with others.","text":"Nice post, I will share it with others.","html":"Nice post, I will share it with others.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102559745,"commentId":"102559745","gmtCreate":1656348744728,"gmtModify":1663252841744,"authorId":3579485832735627,"author":{"id":3579485832735627,"idStr":"3579485832735627","authorId":3579485832735627,"name":"Irene104","avatar":"https://static.tigerbbs.com/51a81271b5c1b4f1ca7b728f547fc3ba","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9046175469,"objectIdStr":"9046175469","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}