LEMSE Seems to be in a bullish trend and have broken through two resistance lines and created new support.
Will it continue upwards and break through the next resistance?
Are there other indicators I'm missing?
As a beginner in Technical Analysis I just learned how to read the butterfly pattern and realized, as an INFN owner since some time, this would have been a great tool to spot the bearish breakout around July 29th with support by the RSI trigger!
Following this breakout looks to be a pennant formation setting up for a continued fall.
Input on this idea is very welcome!
