Meituan Dianping (3690 - HK) is a Retail stock from Services sector in Hong Kong, which is out-performing and at all time high. From the major bottom shown in Daily chart it made an impulse five wave up sequence, in which it is in it’s 5th wave up. In 30 min time frame, price is in 4th wave correction and sharp as alternating with wave 2nd was choppy. Today is its earning day, so if it retains 116 level then it will go for new high above 145 level. Let’s see how chart unfolds.
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