Futu Holdings Limited
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FUTU on watch

329
FUTU gapped up today and showed strength. I like it long if price can stay in and above the green box. Would not be surprised to see a move back to 130, but would expect a quick recovery. Targets would be 148 and 161. Not interested if price falls below 130 again. Risk management with this ticker is paramount as this is a high beta name which can make large swings.
Ghi chú
Quick pull back to 130 this morning then nice recovery closing at 138.75. My targets are 148 and 161 but it would be a good idea to trail stops at this point as it has already made a 10pt move.
Ghi chú
T1 hit pre market. I has pushed into the 618 so expect resistance here.
Ghi chú
Sharp sell off after touching the 618 back the 9ema where it bounced nicely. Tells me buyers wanted in and were ready at the 9ema. Look for a break of the 618 level for continuation.
Ghi chú
Broke 618 so next target is 160/161.
Ghi chú
Pulled back today and retested the 618, but held nicely. Stock still looks strong. 160/161 still in play.
Ghi chú
161 target hit.

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