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TrueTraderOfficial

Sunday Prep 6/27 - $KC is a short at the 20d and 50d SMAs

Short
Kingsoft Cloud Holdings Limited (NASDAQ:KC)  
TrueTraderOfficial  
NASDAQ:KC   Kingsoft Cloud Holdings Limited
Trend Analysis
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trendanalysis
Very defined downtrend here and I still think any pop back into the 20d is a nice spot to look for weakness. If that level doesn’t hold, the same idea can be revisited at the 50d. Both moving averages also have pivots in the same area for added confluence.

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