LIOC has bounced back from its support (175).
Pros
strong support zone at 175
DMA200 at rescue
RSI Bullish Divergence + trendline support
Cons
Descending triangle
Negative sentiment ( FUD due to fuel price drop)
Stoploss 173/DCA (if not on margin)
Pros
strong support zone at 175
DMA200 at rescue
RSI Bullish Divergence + trendline support
Cons
Descending triangle
Negative sentiment ( FUD due to fuel price drop)
Stoploss 173/DCA (if not on margin)
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