LTG not looking good

LTG‘s support which was the inclined line and the 50% Fibonacci Retracement level wasn’t able to hold as price fell hard last week. Currently sitting around the 61.8% Fibonacci Retracement level which is our support. This line has been tested last June 25. During that time there was a good candlestick indicator for reversal but we are not seeing that this time. In case this level will be breached, we might see LTG hit the 15/share level.

Caveat!

2 Responses to LTG not looking good

  1. […] easy task for the bears. Looks like LTG is heading for the 15/share level? RSI maybe tempting but LTG is not looking good right […]

  2. […] easy task for the bears. Looks like LTG is heading for the 15/share level? RSI maybe tempting but LTG is not looking good right now Caveat! Another dip for LTG Reply With […]

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