Hello Group Inc.
Long
Updated

MOMO - Good risk to reward here

186
  • oversold, and just above ATL --
  • just below daily VWMA
  • stop loss just below recent low ~ 8.10 should make this low risk trade and worth consideration IMO.
  • Trend is clearly down, and Chinese names always come with a unknown risk.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.