LITE is forming a nice cup and handle pattern and has regained the fib level of 0.5 and successfully tested it. If there is enough buying pressure to reclaim the .61 fib level, it would mean it would enter back into the prime trend line from march.
Upside is 90.86
downside is 93.16
First ever post. any feedback is much appreciated as I am trying to learn.
cheers,
rags
Upside is 90.86
downside is 93.16
First ever post. any feedback is much appreciated as I am trying to learn.
cheers,
rags
Comment:
correction: downside is 83*