LPL trade ideas
LPL currently stuck on DTFPrice is below Kumo and will be receiving a strong resistance from it. Lagging Span is also below the candles and the cloud as well and a such needs to cross all these barriers for a good upside move.
LPL | Cup & Handle Breakout!🚀 Stock Alert: LPL
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Level: 25.50
🎯 First Target : 26
🎯 Second Target : 28
🎯 Third Target : 30
⚠ Stop Loss: 21.50
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: Cup & Handle pattern break out is observed in todays chart. Initially its resistance lies at 26 upon break and sustain the price can test 28 level which is mid term trade setup. Upon completion of pattern, which consider as swing trade, its price can test 30 level. Use stop loss if it breaks the pattern down around 21.50
LPLBuy1 around 20.20 - 20.50
Buy2 around 18.80 - 19.20
TP(1) around 21.20
TP(2) around 22
Stoploss 17.50 (closing basis)
