$Futu Holdings Ltd (FUTU.US)$ Futu seems to be on the next leg down after failing to break above 50.45 support turned resistance again on Tuesday. We will see if this leg brings us to the 45.2 support. 45.20 is not a key support and it is merely the top of the demand supply zone of the bottom consolidation zone. Do watch my video if you have not to find out the key support levels if you are looking to dollar cost average in or find a good entry point for a swing trade.
Downward trend is still strong and its not a buy the dip scenario for futu as of now.
As always, trade safe & invest wise!
Jon8388 : Yup. Seems it cant find a gd grip yet
Investing 101 OP Jon8388 : Yup if you are bullish on futu, just be patient. Better buying opportunities will arise soon.