Ltprediction
LT--Retracement or Reversal??This stock observed a strong fall from the resistance...
broken the trendline as well....
if this is a retracement price again continue its upward momentum...
if this is a reversal price will gives us retest to the trendlines fall back...
Look for buy opportunities when price comes to the demand area...shorting opportunities when it comes to resistance area...
LT--@Resistance Zone??A strong bullishness is observed from this stock from 3040 levels...if this is an exhaustion or initiation.
Previously a strong fall is observed from the levels 3120 levels...
now its again at resistance zone...if this move is initiated by buyers again this will break the resistance soon...if this is an exhaustion of buyers it will breaks the support at 3040.wait until it confirm its bullish or bearish then look for sell or buy..until keep in wait and watch mode...