Lotus Eye: Nice Re-Accumulation
My mentor would say there are no accidents in price and that is very apparent in this chart. Take a look at the weekly chart if you want to get some context for why price is getting into a trading range highlighted in this chart.
The overall set-up looks bullish to me and I am keen to buy this stock. A breakout past 40 bucks will be a very healthy development and I would look to take profits at 60+.
The overall set-up looks bullish to me and I am keen to buy this stock. A breakout past 40 bucks will be a very healthy development and I would look to take profits at 60+.
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