LUNC Trend Reversal Thesis
Eyeing the light red trendline, the 100 H MA (purple) and any relevant patterns for signs of a trend reversal. Strong bullish divergences on the MACD and ROC, and similar divergences can be found on other oscillators. Trend reversal confirmed when price breaks out from trendline and 100H MA on increased volume & momentum, and TP ultimately at the light green support.
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