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djwally2

LKNCY

Long
Luckin Coffee Inc. (OTC:LKNCY)  
djwally2  
OTC:LKNCY   Luckin Coffee Inc.
Support and Resistance Fibonacci Moving Averages
2
0
supportandresistance fibonacci movingaverage
LKNCY closed above the 200 MA on the daily and the 50 MA on the weekly this week. It seems LKNCY is retracing to the local high which is also the 0.236 fib. The RSI seems a bit oversold but I think the target will be met.

Nothing I say is financial advice!
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