LIT Long Term Outlook
Updated
Bulls appear to be holding on and pushing through the TREND LINE OF PAIN. Price has been holding up steady to the famous 50 yard line. Some of you might be using shorter EMA's and that's okay. Long term outlook suggests we may come across the 200 EMA line sooner than later.
This trend line has been intact for almost an entire year.
An upward breakout is imminent...
As always, set your stop losses accordingly.
This trend line has been intact for almost an entire year.
An upward breakout is imminent...
As always, set your stop losses accordingly.
Note
Market downturn could affect this. Make sure to have your stop losses set accordingly.Note
She's been holding up well. Price action suggest continuation upwards.Note
Materials/commodities prices are increasing.Trade closed: stop reached
Market downturn in play.
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