Chinese coffee giant is pulling back after long rally down. I would expect to meet with 20SMA before it decides its direction 12 months Consensus Price Target: $40.50 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, always rely on your own knowledge. Thx
Luckin Coffee is set to go higher. Targets around 14$ per share and maybe higher later on.
The LK shares is all the way down.. I just get noticed this share recently. what super huge plunged! My target for next week perhaps 0.50 cents . Cross finger..
There is not to say a lot regarding Technical Analysis. Fundamental Analysis: Bad News: For the Quo Vadis Capital president John Zolidis, Luckin Coffee has failed to generate sustained operating profits during its short life as a public company -- and with its mounting losses, it's possible it could descend into bankruptcy before it's ever able to do so. Kind of...
LK is technically potentially ready to rise. but fundamentally shit! So be careful but looks good to have some shit gold in portfolio sometimes.
GAP WAITING TO BE FILLED Found bottom @ 1.34 ?? Resistance likely at: $1.73 $1.99 (.382 fib)
Alex Vieira Wars About FED Zombie Companies! NO VALUE
✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Luckin Coffee looks like it is going to zero. Even if it does recover, US investors likely won't benefit since it is being delisted from the NASDAQ. Further, even if it wasn't being delisted, it probably would be soon given the new...
- Currently in a trading halt. Still operating stores in China. - Chinese company which has been accused of manipulating their financial reports. - This is lesson to keep in mind - there is indeed a higher operational and fraud risk in Emerging markets which needs to be managed. This is why technical analysis is also so important. Luckin dropped out of its...
Quoting: "The Chinese coffee chain has now suspended its chief operating officer Jian Liu and staff reporting to him. It comes after the company appointed a special committee to investigate issues in its financial statements for 2019. Luckin, which competes with Starbucks, had been one of China's few successful US stock market listings last year. The...
Beyond Technical Analysis I am back from my 2-week trip to China, where I spent time in Beijing (China's capital), Shanghai, and a few days in Hong Kong. My experience: Its presence is non-existent. In terms of how many stores, as well as the quality (size, location, etc.) I saw over there, I found Starbucks to be the most important coffee. Another coffee...
All description on the chart. Please, don't forget to like and follow. Thank you.
Folks, and our followers... The Chinese flue is "FAKE NEWS" only meant to cast a shadow over the BOOMING USA Economy and scare the public around the world...! The SICK Liberals and Dirty Democrats want the USA stock market and stock markets around the world to crash and the USA economy to sink! These people are SICK..!!! The real statistics you need to know...
Look for further retrace to low 32 to add calls for swing. If retraces up to low 40, add puts there and target low 32.
Welcome to PrimeXBT ’s professional analysis of the stock prices of Luckin Coffee Inc. which is a chain of coffee shops. Fundamental Analysis and News: Often labeled the Starbucks (NASDAQ:) of China, Luckin Coffee (NASDAQ:) had a strong 2019 thanks to large unit expansion, huge revenue growth, and significant margin improvements. Fortunately, all of those...
Holding for it's life at fresh demand. Bullish if we manage to hold low 37 demand (calls here are risky, but good RR). If we breakdown, short the retest to low 32 (swing)
LK In attached idea from yesterday, mentioned LK was approaching lifetime support trendline. When it hit it today I went ahead with two Sept 20th C22.5 for .15 apiece. spent a total of 30 bucks to see if LK could hold this support and bounce back to at least the bottom of ER gap. Was pretty close to letting them go when it dipped all the way to near 19.05, but...
LK Is currently sitting very near its lifetime uptrend support trend line, which means it's finally in range for a proper Risk/Reward Ratio for me to trade. This is my trading style, find stocks near support or resistance lines and making bets on the reversal. This method allows me to place very tight stop losses just outside of the patterns, so if it breaks...