LIT potential big move
Updated
LIT had broken out the Darvas box of almost 11-month accumulation.
Retest of the box is on-going. It seems that LIT will make a big move after that.
This is a swing trade so patience may be needed to reach the 2 targets.
Note
+23% since entry.LIT starts flying today after retesting the box. We can see good buy volumes supporting the reach of higher targets
Trade active
Trade is reactivated. LIT is again at support. Entry is $1.3
Trade closed manually
LIT fell back to the box
Related publications
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.