Futu Holdings Limited

FUTU Update

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If holding longer term calls/shares here on FUTU, you want to see a bounce around this 152ish area for another retest of this symmetrical triangle. Personally, I think the support will break and we see another touch at the bottom of this pattern towards the 130-132ish level before bouncing.

With most symmetrical triangles, we will see three touches on top and three touches on bottom. We also want to see this close in close to the apex of this pattern and until then, I will be playing the tops and bottoms of this pattern until a direction is confirmed.


GL!

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