$BEKE Back on my Watch List - Double Bottom?

2021年1月15日

I opened a position in BEKE around Mid Dec, 2020 on what I thought was a breakout over the resistance line I've drawn in. However, it was a false breakout and I was eventually stopped out of the trade. It has gone on to make a lower low from the last low and seems to be moving back toward the resistance level. I'll be watching for it to break through that resistance again at which point I'll be looking for a proper entry. Also of note, the ARK ETFs have been accumulating this name on most pullbacks. All TBD. Ideas, not investing / trading advice.

2021年1月22日

註釋

Jan 22. Looks like we had a decisive break above the previous resistance area on $BEKE. However, I don't like the tall upper wick left from yesterdays trading (1/21). It tells me the bulls weren't strong enough to hold it's prices. I'll wait for this to consolidate it's gains (get some sellers out) or jump on with convincing up volume. My idea still remains the same as above.