Long
LUCKIN COFFEE: Buy at 15
LUCKIN COFFEE, a new style for instant consume, has bucked since IPO, even the issue price was broken out.
After it hit the lowest price 13.71, now it renews with a spike.
There is fresh demand zone formed at 14.7-15.7, which is good to buy if the market pulls back.
SL: below 13.0
TP: 24.5 and further more
After it hit the lowest price 13.71, now it renews with a spike.
There is fresh demand zone formed at 14.7-15.7, which is good to buy if the market pulls back.
SL: below 13.0
TP: 24.5 and further more
Note
The price didn't pull back enough, so we still have to wait.
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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.