8083 YOUZAN HKEX LONG Long

HKEX:80831D

CHINA YOUZAN LTDHKEX

Description

⋅ Feb 18, 2021 12:42 AM

1. All time high.
2. Good chart pattern.
3. Entry Prices and SL is defined.

All the best.

Trade active

⋅ Feb 18, 2021 9:49 AM

Youzan opened at 4.25.
I have a position at 4.25.

Trade active

⋅ Feb 22, 2021 12:23 PM

Staggered 2nd entry at 3.80. No change to SL or opinion about the trade.

Trade closed: stop reached

⋅ Mar 1, 2021 5:54 AM

Comments

theIlliad

⋅ Feb 22, 2021 4:15 AM

Not really, price went down to 3.92. What are your thoughts?

joules118

⋅ Feb 22, 2021 12:20 PM

@theIlliad, market is showing a broad weakness and the decline is in line. I am still in this trade. I have done a staggered entry, 2nd entry at 3.8. I will just hold till it hits my SL. I have planned for this even before making the 1st entry. Overall, market is still bullish. :)

theIlliad

⋅ Feb 23, 2021 2:16 AM

@joules118, Yep I picked up some at 3.5-ish this morning when it declined. What are your thoughts on the Chairman quitting...?

joules118

⋅ Feb 23, 2021 2:40 AM

@theIlliad, 3.5ish is good! I don't have any thoughts re the chairman quitting. I am 90% charts trading. what are your thoughts?

theIlliad

⋅ Mar 1, 2021 3:40 AM

@joules118, I trade on news and look to charts for confirmation. Are you picking up anything new from the charts?

joules118

⋅ Mar 1, 2021 5:55 AM

@theIlliad, i am stopped out...

theIlliad

⋅ Mar 5, 2021 3:20 AM

@joules118, ultimately a very bad trade for me. I blame myself for not doing proper DD. With the privatization news I don't see too much of a recovery.