What do you guys think about Kuaisho?
Hey all ! What do you guys think about $KUAISHOU-W(01024.HK$ ? I can see that price is reacting in a ascending channel, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection towards take profit level in line with 78.6% Fibonacci projection and 78.6% Fibonacci retracement. My bullish bias is further supported by the stochastic indicator where the %K line is abiding to the ascending trendline support.
Potential Pivot level @ 81.25
Potential Take profit level @ 103.00
Potential Stop loss level @ 77.15
Potential Pivot level @ 81.25
Potential Take profit level @ 103.00
Potential Stop loss level @ 77.15
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styleomileo : Agree, it is bullish trend from all fronts. This is better that Tik Tik and will be growing rapidly after clarity and compliance with Chinese regulations.