LENOVO GROUP
Long

Lenovo bullish pennant

118
The price has formed a bullish pennant. We are expecting the price to break into the upside, We are looking for a retracement to a 50% fib zone of the Fibonacci extension.

AROON: Shows some bearish momentum, which is allowed since we expect the price to pull back to the entry point.

Target: 1.141
Entry: 0.863
S&L: 0.751

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