iGoddard

Will BZUN's "shark fin" moves continue?

iGoddard Updated   
NASDAQ:BZUN   Baozun Inc.
Shark-fin shapes seem to nicely approximate the turbulence in BZUN's trend. This then raises the question: is BZUN now atop another shark fin?
Comment:
My prediction is holding so far, seems BZUN can't break through resistance along its trend-high line and is starting to head south...
And this is despite a remarkable volume of BZUN promotion in news media into this week, but that still can't push it higher.
Comment:
So far, this prediction is holding up...
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.