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HaseebKhan_90

Is LKQ ready to break the Inverse Head and Shoulders pattern?

Long
LKQ Corporation (NASDAQ:LKQ)  
HaseebKhan_90  
NASDAQ:LKQ   LKQ Corporation
Trend Analysis Head and Shoulders Technical Indicators Inverse Head and Shoulders buy buysetup buyzone resistance_level targetprice
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trendanalysis headandshoulders indicator inverseheadandshoulders buy buysetup buyzone resistance_level targetprice
With earnings coming up later this week, July 29th 2021, it's likely that LKQ may break and confirm the inverse head and shoulders pattern it has been forming since May of this year.

A daily break and close above $51.52 would confirm that the price wants to go higher and the target for this pattern would be around the $56.92 area.

Trade idea:
* Wait for a daily break and close above $51.52 before entering
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