US Stock In Play: $LLNW$LLNW flagging the 2nd time after its recent ER.
YoY Q4'21:
EPS +167%
Sales +14%
past year price action is reflecting RS against its sector $XLK. sitting on VWAP support at $4.00 & all major MAs. beautiful 1 year base pattern.
Limelight
LLNW at critical Resistance levelLimelight networks is at a critical resistance level that dates back to 2019. We see that today's daily candle has a long wick and for the the most part denotes a significant sell/buy level.
If we continue to push above the $4.75 level expect a continuation to the upside. If not, then a return to $3.5 is valid.
Limelight Networks (LLNW) long.All description on the chart.
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Limelight Networks to consolidate at new price level?It looks as if LLNW is peaking (ST) and is set to consolidate between the low 1.80s and mid-high 1.90s
