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Brenna364
Sep 8, 2017 11:52 AM

Looking at Lunyr again  Long

Description

Having another look after the small returns from last time.

So fundamentally I'm still interested despite not having as much correspondence with the devs as I'd like. On September 18th the first alpha is launching which will give us a good look at the functionality they have, as well as giving some good exposure to the project. This could translate into some positive gains if people believe in the 'buy the rumour' trigger.

TA on the daily is looking ok though:
Stoch RSI is sitting on oversold and the RSI is starting to move upwards from a mid position
TD sequential has just hit -9 and has started to climb
Bollinger bands are starting to squeeze as well

This is all compounded with the small breakout from the triangle which just happened so I'm hoping for 10-20% profits in the short term whilst holding a bag for at least until the roadmap is finished in 2018

Comment

Took partial profits at 25

Trade closed: target reached

China FUD dampened what could have been a better run but I'm all out now, going to wait for another good position to get in
Comments
Brenna364
All this china FUD has diminished the potential here so I've fully exited and will buy back at a better level
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