$YINN
Added 2024-06-27 13:59:56 +0000 UTC$YINN is doing its best to stay in this impulse wave and tested the 200 Day MA today and has since held.
HSI finished -2% today has not helped the situation here but both set ups remain in an impulse count and the last line of defence is the 0.78 Fib at $21.33, any lower than this level and Wave 1 is infringed upon, losing the 200 Day MA will certainly be a sign of weakness so please be aware of the invalidation level if you have a position.
Comments
I haven’t bought $YINN And I won’t ever sell a position if the fundamentals remain undervalued, especially to the level $BABA, $BIDU and $IQ are
Gareth Neary
2024-06-27 18:17:30 +0000 UTCWill you give a sell alert when you close?
Steele Broderick
2024-06-27 18:03:08 +0000 UTCIf it losses the 200 day MA, will you be selling your Chinese positions?
NR15
2024-06-27 14:23:56 +0000 UTCYep, Bear Cases help this but Wave 1 top is a typical invalidation level.
Gareth Neary
2024-06-27 14:13:59 +0000 UTCThese r my favorite types of posts. Know the invalidation , set stop loss of you have position, preserve capital
Joshua Emerick
2024-06-27 14:01:55 +0000 UTC
