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ElliottWaveBelgium

YSG - Clean breakout and big upside potential

Long
Yatsen Holding Limited (NYSE:YSG)  
ElliottWaveBelgium  
NYSE:YSG   Yatsen Holding Limited
Trend Analysis Wave Analysis Beyond Technical Analysis YSG LONG riskreward
2
2
trendanalysis waveanalysis beyondta ysg long riskreward
This recent IPO made a perfect Cup and Handle pattern and yesterday we got a clean breakout on increasing volume.

How I'm going to play this :
Simply buy and hold as long as price remains above the breakout zone with a hard stop below yesterdays low.



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