SUN.N0000 is an aggressive growth company growing through M&A's. With margins under pressure due to the economic crisis in the country SUN was not able to perform as expected however going forward they will be able to improve margins with the economy recovering, this along with a reduction in lending rates is expected to significantly boost net income for the...
Buy Luckin Coffee and enjoy the best profit ever. Luckin Coffee is a chinese Starbuck own more store than Starbuck in china. Stock drops few weeks ago because of financial scandal. Now everything is ok and the company started again. Don't miss this opportunity. ----------------------------------------------- PS: Like if you've make money on this Good luck
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: $40.50 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, always rely on your own knowledge. Thx
This controversial coffee stock has become the heaven of speculating traders. In terms of the chart, it just breaks the inside week to the upside with abundant ema correction room! I am very aware of how the market hates everything about fraud, it will also lower my intention to long a lot; while, with limited and affordable risk, this is actually quite a good...
Luckin Coffee is set to go higher. Targets around 14$ per share and maybe higher later on.
May's monthly candle closed below April's low. If price returns to April's low, then I will begin purchasing put options at the 4.50 strike with a July 2 expiration.
GSX sliding down thru the channel
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.
✨ 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...
We have observed significant changes in the daily trend of the LK Luckin Coffee price. Last week's ends with a huge gap formation accompanied with a nice wick formation . We got all signals of an increase in probability to see the market going down further furing the first days of next week sessions. Former support lines forms now a strong resistance area...
Don't trust anything I say. I just draw lines and gamble. Going LONG. Good luck out there.
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...
LK IPO was at $17, and that was before the fraud. So it's worth at least that IMO.. Earnings are either next week or week after next. It's possible LK retests lows before going back higher. My position: 4/17 $13 call at .22 **not investment advice.
LK just completed a contracting triangle (ABCDE) correction. Fresh breakout. Laddering targets between $41 - $44. If you agree, disagree, would like further explanation, or just want to talk about it - feel free to drop a comment! Thanks
Bought at 35.5 (Jan 30, 2020) Stop slightly below support Targets: 38 (1:1), 40 (2:1), or run back to highs Note: Play bounce of 50MA, I had my alert at 50MA so I entered. Expecting the break of short selling over reaction due to this corona virus. Indicators say still on a downtrend of course. But just trusting this 50MA support and levels for the bounce....