NEXT WEEK CRUCIAL - LK LUCKIN COFFEE - DAILY - MY IDEAS
We have observed significant changes in the daily trend of the LK Luckin Coffee price.
Last week's ends with a huge gap formation accompanied with a nice wick formation.
We got all signals of an increase in probability to see the market going down further furing the first days of next week sessions.
Former support lines forms now a strong resistance area above the actual price.
Chances of short entries from Monday are there, if the market follow the signal given with this big long wick created on between Wednesday and Thursday.
Last week's ends with a huge gap formation accompanied with a nice wick formation.
We got all signals of an increase in probability to see the market going down further furing the first days of next week sessions.
Former support lines forms now a strong resistance area above the actual price.
Chances of short entries from Monday are there, if the market follow the signal given with this big long wick created on between Wednesday and Thursday.
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