Thoughts on Meituan?

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Thoughts on Meituan?

The Investor
2022-06-17

Hey guys! I have brought another setup here today $MEITUAN-W(03690)$

On the H4, with prices moving above the ichimoku indicator, this gives us a bullish bias that prices will rise from buy entry at 183.6 where the swing low support and 38.2% fibonacci retracement are to the take profit at 211.5 where the swing high resistance is. Alternatively, price could break entry level and head down to stop loss at 175.6 in line with overlap support and 50% fibonacci retracement.

Entry:183.6 [Smile]

Take profit:211.5 [Miser]

Stop loss: 175.6 [Cry]

$Meituan 5xShortSG220216(DZXW.SI)$

$Meituan 5xLongSG220808(DMGW.SI)$

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.

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MorganHope
·2022-06-17
Is there any good news for MEITUAN to rise today?
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Targarean
·2022-06-17
Just buy anything
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AndreaClarissa
·2022-06-17
It's the proper time to buy meituan now！
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BarbaraWillard
·2022-06-17
MEITUAN is rising now, looks good !
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Huangyulee
·2022-06-19
[Smile]
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Aqa
·2022-06-17
Th anks
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OCA
·2022-06-17
[Miser]
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TWJ84
·2022-06-17
thks
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FeiHua
·2022-06-17
K
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102788nlh
·2022-06-17
[What]
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ongcjeric
·2022-06-17
Bj
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Jane82
·2022-06-17
ok
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kahhin
·2022-06-17
yo
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Sleepearly1000
·2022-06-17
Thanks
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Gcwj
·2022-06-17
Meituan
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FollWin
·2022-06-17
wow
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BIGpotato
·2022-06-17
Wow
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K20
·2022-06-17
pk
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VivianChua
·2022-06-17
Nice
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DennisMe
·2022-06-17
Ok
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I have brought another setup here today&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>&nbsp;On the H4, with prices moving above the ichimoku indicator, this gives us a bullish bias that prices will rise from buy entry at 183.6 where the swing low support and 38.2% fibonacci retracement are to the take profit at 211.5 where the swing high resistance is. Alternatively, price could break entry level and head down to stop loss at 175.6 in line with overlap support and 50% fibonacci retracement.Entry:183.6&nbsp;[Smile]&nbsp;Take profit:211.5&nbsp;[Miser]&nbsp;Stop loss: 175.6&nbsp;[Cry]&nbsp;<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/759c1ea3434c02ac2cc7ceede71faf38\"></body></html>","htmlText":"<html><head></head><body>Hey guys! I have brought another setup here today&nbsp;<a target=\"_blank\" href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>&nbsp;On the H4, with prices moving above the ichimoku indicator, this gives us a bullish bias that prices will rise from buy entry at 183.6 where the swing low support and 38.2% fibonacci retracement are to the take profit at 211.5 where the swing high resistance is. Alternatively, price could break entry level and head down to stop loss at 175.6 in line with overlap support and 50% fibonacci retracement.Entry:183.6&nbsp;[Smile]&nbsp;Take profit:211.5&nbsp;[Miser]&nbsp;Stop loss: 175.6&nbsp;[Cry]&nbsp;<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/759c1ea3434c02ac2cc7ceede71faf38\"></body></html>","text":"Hey guys! I have brought another setup here today $MEITUAN-W(03690)$ On the H4, with prices moving above the ichimoku indicator, this gives us a bullish bias that prices will rise from buy entry at 183.6 where the swing low support and 38.2% fibonacci retracement are to the take profit at 211.5 where the swing high resistance is. Alternatively, price could break entry level and head down to stop loss at 175.6 in line with overlap support and 50% fibonacci retracement. 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