The first pullback level he gave, I checked the order book today—price just happened to reach it; if it had come a bit further, I might not have held it.
This is what Liu Yudong drew for Circle (Sè Kòu).
Before the sharp rally, he wrote it all out in advance: after the rise, there will be a pullback, and he also said exactly which box it would pull back to—yesterday’s low, which fell right onto his line.
I don’t keep people on my list who just shout about direction—if the position is right, you can tell by verifying it against the order book. The number he gave, the market itself walked right into it.
For the next wave of new highs, I can’t guarantee it on his behalf. The position is here—go look for yourself.
Do you think it will hold? Drop your side in the comments, and come back in a couple of days to see the answer.
#CRCL #Circle #US stocks