Elsie (LC) is still bullish

Last week have a seen a Shooting Star on LC’s weekly chart and a Bullish Harami on the daily chart. So far the Shooting Star wasn’t confirmed but at the same time there is no convincing confirmation on the bullish indicator. Currently the price is at 23.6% Fibonacci Retracement level and continue to create higher lows which shows that bulls are still taking the shots. I think the bulls will continue to win this week but will take it slowly.

Caveat!

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