LUNC - Bull Flag Breakout
According to our previous post, we pointed out wither a bull flag or strong rejection at our retest. We got a large pump above our resistance and a 4H close above our bull flag. Therefore, if you are looking to chance a long in case we get the near 80% move to the upside. I would look for your first support zone around 31 (0.618/65) or a retest of our 0.786 (around 3) to retest our old resistance and new support and the rip could truly begin.
Again, LUNC is a very speculative play but based on TA patterns this could be an incredible trade.
Again, LUNC is a very speculative play but based on TA patterns this could be an incredible trade.
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