We'll see if price holds at the current level/top of the purple area. I really the price levels I have marked in purple. Interesting levels with previous resistance and support. There is also a nice gap that could fill @ $89.38/bottom of the pruple area. If the trend breaks the current price next week, I guaranntee that gap fills. We may even continue...
Not much to say about LEG. There seems to be a lot of chatter lately across the news outlets/social media platforms. I already hold a small position long term as a dividend hold. The valuations look good however, the one obvious issue are the supply chains. LEG has obviously been in quite the consolidation range, $31 support and $44 resistance with a few...
If we break the current price level, (There is a large lower wick from 11/9/20 which is at the current price level.) I see the trend continuing into the purple price area/200MA marked on the weekly chart. RSI still has room to decline. I'll be watching closely over the next week or so. From there I'd be looking to enter around the purple area and DCA from...