drewby4321

FUTU could break above a resistance level

Long
NASDAQ:FUTU   Futu Holdings Limited
FUTU bumped up against resistance, but could break out to above as it's out performing the market. A buy point of 37.33 could be used with a stop loss of 15.86% based on 10d ATR (x2.7). A smaller position size of R6.3 would be required.

Buy Point: 37.33
Stop Loss: 31.41
Position Size: R6.3

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