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LKNCY

LUCKIN COFFEE INC. is a China-based holding company mainly engaged in coffee retail business. The Company applies new retail models for coffee sales and services. The Company operates primarily through mobile apps and pick-up stores. The Company’s products mainly include freshly brewed drinks, juices and light meals. The Company’s main brand is Luckin Coffee.

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$LKNCY – ADD WATCH: I Blew That One, but Not Really
Posted in*Watchlist* LKNCY

$LKNCY – ADD WATCH: I Blew That One, but Not Really

Five days ago I had a pending order to buy this. At the time it was in its second contraction, down just over 8%. The last price actually went a penny or two over my order, but the ask didn't match my bid to execute…
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February 1, 2023No Comments
$LKNCY – REMOVE PENDING: Too Volatile
Posted in*Watchlist* LKNCY

$LKNCY – REMOVE PENDING: Too Volatile

I still like this but moving it back to my secondary watch. I misjudged that last contraction. I thought it was nice and tight, but it had other plans. Fortunately, the order never filled, but that's the advantage of buying into strength. If it turns…
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January 25, 2023No Comments
$LKNCY – PENDING: Buy Order at Pivot High
Posted in*Watchlist* LKNCY

$LKNCY – PENDING: Buy Order at Pivot High

Summary The pivot was actually yesterday. Today it took out the high then squatted. I'm going to take advantage of the squat and place a stop/limit buy at yesterday's high. My biggest issue here is that it's a Chinese company. Also, because of that, the…
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January 20, 2023No Comments
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