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Bixley

LKNCY Repeating MA pattern

Luckin Coffee Inc. (OTC:LKNCY)  
Bixley  
OTC:LKNCY   Luckin Coffee Inc.
Chart Patterns Technical Indicators LKNCY luckincoffee Coffee coffee_analysis coffee_setup
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chartpattern indicator lkncy luckincoffee coffee coffee_analysis coffee_setup
It can be seen after the MA arrives and makes a small turn towards the upside, price immediately follows
This can be observed on the latest MA (yellow)

The price is within a Rising Wedge (a bearish pattern) but this observation of the MA's give me hope for a bull breakout, as can be seen with each MA in the past
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