BZUN Day position finder for massive wave 3!

17 thg 11, 2017

Please see my previous BZUN post. This is a followup so to find suitable entry for Elliot wave 3 massive gain, stocking in wave 2 IMHO.

17 thg 11, 2017

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Bull case!
1.Price followed the volume which is a good sign it is still active.
2.It landed on the support that started the wave 1 with a freaking hammer, so is wave 3 coming on Monday?
3.Macd showing the buyer pressure ATM trading.
4. 35EMA still green! This is very good! Bullishness hasn't washed out yet.


Bear Case
1.Jumped out of the wrong end because the China market wasn't feeling the vibe today I guess-_-
2.Macd red