Long
LL Ascending Triangle Breakout
LL broke out of the ascending triangle it has been forming. It has slightly broken out before the technically required 2/3rd's completion of the triangle, so a test of support above the trend still is needed.
The next true supply range starts at $30.60 with resistance to testing those levels at the demand range of $28.40.
The next true supply range starts at $30.60 with resistance to testing those levels at the demand range of $28.40.
Note
Waiting for one more check of trendline support, then looking to enter long.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.