LC reports earnings today after the bell. A breakout above the upper bounds implies a 25% price target from there. If earnings are bad, short to the bottom of the channel and look for possible breakdown. GLHF.
Note
Earnings were positive but price was unable to close above the line. I'm sitting this out for now but will continue to watch.
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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.