So we got rejected at 32:00 and we look to continue the downtrend to 24:45.
I will be slowly buying in and looking for evidence of a bottoming, (H&S, double bottom, adam & eve, etc )plus conformation of a new up trend, but i think we could see a more side ways moment as we dip into a great buy zone at 24:00 level.
It is possible to drop below that green support level, that would be very bad news for LTC tho.
So for now its wait and see if we break that blue channel.
Wolf
I will be slowly buying in and looking for evidence of a bottoming, (H&S, double bottom, adam & eve, etc )plus conformation of a new up trend, but i think we could see a more side ways moment as we dip into a great buy zone at 24:00 level.
It is possible to drop below that green support level, that would be very bad news for LTC tho.
So for now its wait and see if we break that blue channel.
Wolf