LIT trade ideas
LIT up in 2018 is starting to re-build energy...After a tremendous run in 2017, $LIT was beat up and gave back much of its gains to begin 2018. However it has broken the down trend and has established a strong counter trend. This is a necessary battery for much of our consumer tech and global industrial tech. As always must make new highs to confirm a reversal with multiple indicators supporting, this looks buy-able against the uptrend-line until proven wrong.
LIT ETF: Further Trending Down Bullish Descending WedgeExpect a further slide down the large bullish wedge into more probabilistic BO zones (as indicated by green projection area within the wedge), then trend reversal that moves within the trident. The current movement is a completion of a bearish ascending wedge, which correlates with a continuation of the downward trend. The VFL shares the current bearish sentiment as does the Wies, with an overall decrease in buying and selling volume - such things also indicate a possibility of a large movement.
LIT: Long term Long, looking to add onAnother favorite which i almost forgot i had. Entered a while back at 24$. working out just perfect so far and actually growing at a faster pace than i had anticipated. Going to add on to my position here substantually. as always a 3rd position @ 34$, a half position @ 33$, and a full position @ 31$