LU Swing

 



China financial name. 2 strongest sectors in the market right now and this one is in both and well beaten down, looking ready to pop. 

Got in as it held v well around bo level during whole market sell. Seeing increased vol today and relative strength.

Making giant triangle into the bell. Will happily add more with a strong close. 

Nice rando sitting on 1.55, I took him before we broke, made sure I get good entry. Once hes gone, skips up to 1.70. 

Algos jumped higher as we broke higher, strong buying into TL break and close. Added one last one. Expecting this to be a great mover on monday.

Cut my adds off near the close, would not find that strength all day. No sense holding size in a shaky market. 

Closed above and saw good buying into bell. Was big, but given weakness, dont want to hold that much.

3rd

Exited today on weakness. Couldnt build above anything and looks like failed breakout wanting lower for now. 

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