Louisiana-Pacific Corporation
Viés de alta

(US) LPX VCP Setup Follow Up

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LPX previous breakout from C3 early Oct is unsuccessful where price sell down back.

This sell down created C4. This 2 day price shown strong recovery after ER release.

C1: -31%
C2: -10%
C3: -6% (unsuccessful)
C4: -13%

Tomorrow will be the dividend ex date and let's monitor the movement. Might form a small handle first before attack.

Disclaimer:
Not a buy call recommendation, just sharing on chart pattern formation based on my personal experience. Trade at your own risk.

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