MEITUANLong
GOOD LONG OPPORTUNITY 4H-1D
Updated
FUNDUMENTALS:Company with very good potential especially with longer goals.
general uptrend riding the 50 EMA and occusional touch on the 100EMA.
TECHNICALS:
1.Mirror level at 100$
2.Double bottom maybe triple forming
3.Stochasticks at low levels and oversold at 4h
4.Maybe a bullish doji on 4h? not confident about it though
Wait for tomorrow open to see price action aim fot open at 100-101 area and tp 107 area (latest top) .possible to go beyond that but
it will not take. SL at 98 depending on open
Have a good trading evening.
general uptrend riding the 50 EMA and occusional touch on the 100EMA.
TECHNICALS:
1.Mirror level at 100$
2.Double bottom maybe triple forming
3.Stochasticks at low levels and oversold at 4h
4.Maybe a bullish doji on 4h? not confident about it though
Wait for tomorrow open to see price action aim fot open at 100-101 area and tp 107 area (latest top) .possible to go beyond that but
it will not take. SL at 98 depending on open
Have a good trading evening.
Trade active
Trade closed: target reached
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