HKEX: 992 Lenovo Group
Updated
Stock as previously in downtrend and then moving sideways.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
IPO filing came stock rallied.
IPO withdrawn and stock dumped.
Now price near bottom of channel.
Tweezer bottoms.
Entry around 7.70 maybe cut around 6.90.
Looking for it to fill the gap.
Trade active
Bought @ 7.85.Once it goes to 8.40 thereabouts will add a trailing stop at 8.10
Trade closed manually
Got out at 8.00.There is too much indecisiveness.
Can't seem to be able to break the top.
Did not want to put on risk seeing it swing sideways.
Will find a better time for re-entry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.