Short
LCI channel, possible reversal points
I'd like to see it get to the top of the channel that has worked so well for a year now before shorting. But it looks to be slowing down at it's previous high at 58-59. Possibly consolidating at this level for a few days before a move to the top of the channel?
Either way, risk/reward looks much more like a short.
Either way, risk/reward looks much more like a short.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.