Few things going on with LI from a TA aspect. We have a longer-term symmetrical Triangle at play and see in the volume channels it's at the bottom, I expect a bullish run up to ER., Let's see how 10 am looks tomorrow to decide if the bounce-off bottom support holds and decide to enter. If I do I am not a fan of holding thru ER unless it is pure profit so I will have to update on what strategy is after I enter. This is not the safest play by all means.
What is really interesting is look at what happened last time we saw LI in this situation same.... Let's hope history repeats itself!
What is really interesting is look at what happened last time we saw LI in this situation same.... Let's hope history repeats itself!
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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.