LTG breaking from consolidation area

LTG broke the triangle this week after consolidating for few weeks (LTG still consolidating). It close at 18.70 which is near the 38.2% Fibonacci Retracement level that acts as resistance. So far LTG has been showing some bullishness. Chikou Span has just move up above the price which is considered a bullish signal. The interesting part here is that price is between two Ichimoku elements that both have a tendency to attract the price. Kijun Sen is still moving horizontally at 16.43 while we have a flat kumo at 20.61. Where will price go?

RSI or Relative Strength Index is at 58.9 and is pointing upwards.


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