Qifu Technology, Inc
看多

QFIN: Set up prime for a squeeze

125
Using a blended candle approach, one can see that the sentiment for QFIN is setting up for a squeeze. The volume is contracting over the past month. Bollinger band is showing signs of a squeeze. ATR (14) is showing lowest volatility over the past 100 day period. The Blended candles offer summation of short term (20 day) and medium term (50 day) price action allowing for greater emphasis on underlying trends. Short term price action is bullish and medium term action is weakening bearish. Took a position today, If this does not make a huge move up in next 5-7 days, I will exit the position. A downside could happen but setting a trailing stop can cap the losses should the trade go other direction. Good luck!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。