Meituan Uptrend Line Price Rejection At 104.8 HKD 06.06.2024 by BDSwiss_Academy on TradingView.com
– Uptrendline price rejection observed at 104.8 HKD on Meituan’s 4-hour chart.
– If rejection holds, potential uptrend to 129.2 HKD.
– Break above 129.2 HKD suggests further upside to 147.8 HKD.
– Conversely, if rejection holds, potential downtrend to 95.00 HKD.
– Break below 95.00 HKD may indicate further downside to 60.85 HKD.
– Apply risk management
