1. Trading 39.43 in premarket as of writing, up 7.23%
2. Price has been symmetric on an progression, currently testing its price extension at previous highs
3. All-time highs (ATH's) are being tested, with a at 39.92
5. has pinched, and is turned up
5. Price is respecting its MA's, with bounces off the 100 and 200
Be wary of a reversal at ATH's going through if you are a morning momentum player
Baozun soars on earnings: https://www.investors.com/news/technolog...
For the complete on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: https://compoundtrading.com/swing-tradin...