LIOC Update on 01/11/2023 LIOC trying to break 50 Daily MA line. If LIOC can close few more daily candle 50 DMA line, then LIOC might run till 200 Daily MA level. So short term target will be 150. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or...
Entry Point: 120 to 130 Profit Target: 180-200 Stop-Loss: 110 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on...
Market is being going through a roller coaster due to this guy! its currently being absorbing heavy liquidity below 165, tomorrows close is vital. pros. small timeframes flipping bullish 1hr and below making a small falling wedge possible double bottom pattern most negatives are being priced in cons. trading below 200DMA previous support at 170 (descending...
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)
lasted update from lioc. Did we have a fake out? Stil trading with GP with moving averages aligning together
LIOC broke out from trendline. Now making moves. 0.618 fib level is interesting to watch. DDYOR Keep an eye!
LIOC failed to break 0.382 fib level last time... and got rejected at 206.75. Prices have declined ever since. Next crucial support should be 183. Entering here with a strict stoploss can be done ideally. (1%-2%). RSI may need to find support from its trendline as well. **Remember sometimes the negatives are already priced in**
As expected LIOC broke out from the last update i have done over the weekend and got rejected on point at 206.75 as mentioned above! ^ And in smaller time framers it got retested untill 201.75 and closed at 204. Likely we will clear above resistance point tomorrow. and go towards the marked resistance gradually. RSI seems to be broken out as well.. overall...
LIOC is on a verge of a major breakout, prices are moving along the trendline with fib resistance at 206.75. RSI has broken out and currently on retest while traders taking profit out. Note that all along LIOC being above MA200 is making the counter bullish in overall trend.