YUMC 0.618 and bullish butterfly pattern after buyout rumor
I remember that day when YUMC was spun off from YUM I was still in Wall Street as a stock trader.
A few days later this name became one of my best name and my boss was like
"Hey Joe, many of my friends in other PE and hedge fund just did the exactly same trade as yours, good job bro!"
One of the most inspired moment !
Recently YUMC has rumors about being buyout, here we got a bullish butterfly pattern and here is 0.618 spot!
I'll be willing to look for trade around 31.50-32.00 to see if there are intraday reversal signs.
Let's how it goes!
A few days later this name became one of my best name and my boss was like
"Hey Joe, many of my friends in other PE and hedge fund just did the exactly same trade as yours, good job bro!"
One of the most inspired moment !
Recently YUMC has rumors about being buyout, here we got a bullish butterfly pattern and here is 0.618 spot!
I'll be willing to look for trade around 31.50-32.00 to see if there are intraday reversal signs.
Let's how it goes!
Nota
well, nice little harmonic patterns combination
here we got the daily hammer but the buyout news doesn't exist anymore.
Pretty much lower my intention to long though.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.