$LINU Analysis 29/12/2017

Here is the trade that some of the members took in the TradeTheTrend chat guided by Tony our moderator.

In the early AM he saw it gapping up on "LiNiu Technology Group Announces First Half 2017 Financial Results" (https://finance.yahoo.com/news/liniu-technology-group-announces-first-130000965.html?.tsrc=rss) and called out the flag pattern it was forming Pre-Market.

At market open he saw it bounce off the support and entered at $1.82 with a 5-10 cent stop loss and rode it up for the initial morning spike.

As you can see now its holding its intra-day support level and is making a very clean flag pattern once again. If tomorrow it holds up this may give another long signal for a fun day!

Thanks for the read!

-TradeTheTrend

Comment below if you have any questions ;)