Breaking out of resistance
Market Perform at Wells Fargo recently upgraded LB to outperform.
Price has bounced off the 50 day MA and yesterday broke out of resistance. At present price is just below the figure 70 which might offer resistance but with the overall trend up on the monthly weekly and daily, we are looking for a continuation should price break the figure.
Price is above:
Resistance
Last years high
52 week high
50 and 200 moving average
Earnings are due mid November which is about 4 weeks from now.
Price has bounced off the 50 day MA and yesterday broke out of resistance. At present price is just below the figure 70 which might offer resistance but with the overall trend up on the monthly weekly and daily, we are looking for a continuation should price break the figure.
Price is above:
Resistance
Last years high
52 week high
50 and 200 moving average
Earnings are due mid November which is about 4 weeks from now.
Web: dt.live
Twitter: twitter.com/iJavidTrader
Twitter: twitter.com/iJavidTrader
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.