La Rosa Holding Company
Updated
Good morning traders,
La Rosa company since it's entry into the market has dropped significantly. Seems after several months it will spike and pump for a day followed by another significant drop. It's had several pumps some more significant than the other, but right now it seems its seeking support at .82 & .62. I call this the loading zone (S2). Once this range is reached (if), I expect another temporary pump at least to $2.11 (give or take).
Be VERY cautious, this is a technical analysis and so far pumps are getting smaller. For all we know, this MAY BE the last pump. Great luck with your investments and don't forget to follow for other company predictions.
Happy Trading Everyone!
La Rosa company since it's entry into the market has dropped significantly. Seems after several months it will spike and pump for a day followed by another significant drop. It's had several pumps some more significant than the other, but right now it seems its seeking support at .82 & .62. I call this the loading zone (S2). Once this range is reached (if), I expect another temporary pump at least to $2.11 (give or take).
Be VERY cautious, this is a technical analysis and so far pumps are getting smaller. For all we know, this MAY BE the last pump. Great luck with your investments and don't forget to follow for other company predictions.
Happy Trading Everyone!
Trade closed: target reached
Good morning traders,
As expected, received a pump this morning as the market has no more space inside the trendline. This caused an impulse move to the upside. Fell short to $2.11. I still believe there is a chance of reaching $2.11 but, don't be greedy...
I foresee this going back down as almost ALL impulse moves end up retracing back 100% of its initial movement. This can also pull back 50% reach minor support and pump up once, but I am not taking that risk as the company continues to go lower and lower and pumps as seen by previous data are getting smaller and smaller. Enjoy the rest of your week everyone, great day today!
Happy Trading Everyone!
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