Melco Presents a potential 75% reflexive opportunity. Long

HKEX:2001D

MELCO INTERNATIONAL DEVELOPMENTHKEX

Description

⋅ Sep 28, 2022 8:24 AM

The great thing about a China reopening play is that no one is talking about it now. Everyone's mind is on Interest rates. Macau has resumed tour groups and Melco is a buy.

Entry 6.4
Target 9.0
Stop: 5.5 (Based on Fib Retracement)

Cheers,
Kavi

Fundamental Analysis Trend Analysis

Comments

Tradersweekly

⋅ Sep 28, 2022 8:43 AM

Thank you for your post.