LKQ - Hidden Divergence - Bullish

٤ يناير ٢٠٢٣

On the chart of LKQ, we can see a forming ascending triangle and we can see hidden bullish divergence on daily timeframe.

An ascending triangle is a bullish formation. The pattern gets validated when the price breaks out of the upside of the pattern.

By using the Relative Strength Index we can hidden bullish divergence.

A long position can be taken when the resistance of the triangle turns into a support.

See all further details on the chart.

Goodluck!

٢٤ يناير ٢٠٢٣

تم فتح الصفقة

We got a breakout and the pullback with a small fakeout and the support confirmation. LKQ is ready to continue higher

١ فبراير ٢٠٢٣

ملاحظة

buyers still strong.

١٢ مارس ٢٠٢٣

ملاحظة

Strong resistance at 58-59$
Expecting the price to retest 47$ again