Long

Time To Get Lucky on Luckin Coffee

Updated
I believe they are selling tea now.

Same deal with other equity plays. We will be scaling in and using a 10-11% Hard Stop which is my norm on most equities.

Close to a 5:1 risk reward and expecting some action soonish.
Note
Testing $22 good stuff so far
Note
$23.50. A crack over $25 is in the works for this week
Note
CRACKED! Watch the $30 level and take some profits
Trade closed: target reached
$30 HIT.

Next Target $35 is probable. SL never hit. Let it ride
Trade closed: target reached
Fundamental AnalysislkPivot Points

Related publications

Disclaimer