LL broke out of the ascending triangle it has been forming. It has slightly broken out before the technically required 2/3rd's completion of the triangle, so a test of support above the trend still is needed.
The next true supply range starts at $30.60 with resistance to testing those levels at the demand range of $28.40.
The next true supply range starts at $30.60 with resistance to testing those levels at the demand range of $28.40.
Comment:
Waiting for one more check of trendline support, then looking to enter long.
