CheelooTrader

FUTU - tight range above all daily moving averages

Long
CheelooTrader Updated   
NASDAQ:FUTU   Futu Holdings Limited
  • Holding all moving averages on daily ++
  • Selling volume is lower than average ++
  • hasn't made new low since Dec 13 +++
  • Hasn't made new high since Jan 20 --
  • Overall weakness in chinese names -

Takeaway: once price moves over 50 on volume, this will push to 65 and higher. Patience for now.
Trade active:
no growth stock is safe in current environment. got slaughtered from the moment I posted. Still has shown good relative strength and will remain long target above 35

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