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Hey all ! What do you guys think about $MEITUAN-W(03690.HK)$ ? Price is reacting within the descending channel , price could drop from pivot level in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement towards take profit level in line with 61.8% Fibonacci projection. My bearish bias is further supported by the stochastic indicator where the %K line is at the resistance.