WinnerTrader99

$EDU Bullish pattern entry 95-101.8 Targeting 115-126

Long
WinnerTrader99 Updated   
NYSE:EDU   New Oriental Education & Technology Group, Inc. Sponsored
One of good bullish chart pattern is about to be completed . if bounced On Monday from 101.8 and hold it by close then possible nice bullish run targeting 115-126-133 which is around 10-20-30% up . This pattern still to be confirmed so there is a time to check if its occurred with exact percentages still there are some gaps below specially above 69 . if Break down 101.8 on Monday then probable next stop at 95 if broken then 80. Volume showing nice increase during this year and its already outperform markets . when market bounce. this shall be good opportunity for longs .. The company was founded by Min Hong Yu and Yong Qiang Qian on August 2, 2001 and is headquartered in Beijing, China.
Trade closed: target reached:
Prefect 127 exactly

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.