Long
LMC long
There seems to be a pattern in LMC general downwards trend. After each dive, there is a period of steadiness, and a fib retreat back to 71.6% of the previous peak. I would short at the 71.6% or 61.8% fib and put a stop loss on the 203 support level.
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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.