Baozun Inc.
Updated

BZUN found its botttom? I think yes, Long with a tight stoploss!

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After its ritualistic crash, BZUN made a double bottom. I love trading this stock so I took a long position right here :) It should stall when it reaches the yellow dots (just a feeling from trading this stock multiple times), May come down one more time or maybe not. Its BZUN. Get a tight stoploss. :D.

Important: I post my ideas mainly to help myself analyze my thought process. Remember stock market is a “No pain, no gain.” game, My Ideas DO NOT guarantee any gains, HOWEVER it should give you a general idea to avoid or limit your risks.
Trade active
YUP! YOLO
Trade closed: stop reached
Stoploss kicked in! Damn selloff.

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