LT is setting up a nice triangle formation on the daily chart.
Price seems to have found support near the 200EMA daily as well. In today's rally, it's made a 3 week high as well. Can it break-out shortly OR will it break down ?
Very interestingly poised for the next few days/weeks.
I'd prefer a break-out here - color me biased :)
Price seems to have found support near the 200EMA daily as well. In today's rally, it's made a 3 week high as well. Can it break-out shortly OR will it break down ?
Very interestingly poised for the next few days/weeks.
I'd prefer a break-out here - color me biased :)