#LITE, Lumentum Holdings Inc. Everything on the screen, from the features of the technical analysis, here is the fact that the paper had 2 resistance levels (the area of two yellow circles), so it was required to wait for the breakdown of both resistance levels, this is a strictly mandatory condition in such cases. I foresee that it will go to the goals like scalded, a very large volume of the release was yesterday. 2 growth targets - 114.16 (+ 18.72%) and 121.08 (+ 25.5% in total). If desired, this is a good entry point into the medium term, the company's business is promising
Note
The security fell 10% on some news, calmly average the position, as it fell exactly to the level of big support of $ 95Note
The paper movement pattern is assumed along the lilac arrow line. Stay in position, have patience and courage
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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.