Hillhouse capital may have smelled something in YSG

NYSE:YSG   Yatsen Holding Limited
I have just written an article about YSG at my Buymeacoffee blog. So if anyone is interested in the fundamental thesis about YSG, please go there.
From a price action stand point, YSG is forming a very young U-shape (well it only got listen for less than 3 months), all the MAs are trending upward and it has recently been stabilising and getting its support at the $23-25 level. I am seeing a well balance risk reward play here by setting the cut loss at $21.7.

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