LLC may be getting ready for a another buying opportunity. The current pullback is a retracement of the trend. It seems that Price is forming a base right at the edge of the channel. A close above the trendline (tentatively $12.15) could be a bullish sign and I would be a buyer . My trade plan for this trade is as follows:
TP1 - (potential gain 10%) TP2 - (potential gain 20%) Stoploss - 11.60
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.