$X Financial (XYF.US)$ Key Levels Key Support: $8.5 (firm after consolidation) Key Resistance: $15.49 (52-week high) Entry Point: around $14.5 (current break point above $14.29) Risk Level = 6/10 ( medium to high) Upswing Stretegy Equity: $10,000 Bias: Long Allocation: 14.83% Size: 102 Entry: $14.5 and support ( perfect entry is more important then exit to minimize unforseen losses) Exit: $21.922 Stop: $12.345 Risk-Reward: 1:3.44
$X Financial (XYF.US)$I think it will drop below 2, then just keep at there... lol I did buy the stock... luckily it is in paper trading.(just to try the feeling)
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RC_92
:
The book price for XYF is at 9-10 dollars, there’s no way it gonna stay down forever. Just need to wait for people to start looking at this ticker once again like it did in May/June.
eitokun
:
I also know it IPO at 9.50 but how can it come back to book value when trading volume is low. Also, other China names like DIDi have not return to IPO price yet.
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X Financial Stock Forum
Key Levels
Key Support: $8.5 (firm after consolidation)
Key Resistance: $15.49 (52-week high)
Entry Point: around $14.5 (current break point above $14.29)
Risk Level = 6/10 ( medium to high)
Upswing Stretegy
Equity: $10,000
Bias: Long
Allocation: 14.83%
Size: 102
Entry: $14.5 and support ( perfect entry is more important then exit to minimize unforseen losses)
Exit: $21.922
Stop: $12.345
Risk-Reward: 1:3.44
I grabbed some.
I did buy the stock... luckily it is in paper trading.(just to try the feeling)
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