Buy Lux Industries 40% return

Lux Industries chart if back-tested shows that it has traded in a range between two price points 1123 and 1559. The range is around 40% wide and today the stock has touched the bottom of the range. After touching this price it has touched 1559 in a short period of time in the past for a total 4 times. The years in which the range was covered are 2017, 2019,2020 and the latest being 2023 itself. In 2023 it made a bottom at this price and then bounced back. History will repeat itself and the stock will again touch 1559 very soon.

Hope you like my analysis.
Please do your own analysis before investing.
Do like and follow.
Thank you.
billionaireChart PatternselectionLUXLUXINDluxindustriesluxindustrieslongTrend Analysis

Disclaimer