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subtlepapi

$LUCE - Beaten down reversal play with +50% to +100% upside

Long
LUCECO PLC ORD GBP0.0005 (LSE:LUCE)  
subtlepapi  
LSE:LUCE   LUCECO PLC ORD GBP0.0005
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) reversal breakout swingtrading swing swingtrade swingtrader
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trendanalysis chartpattern indicator spx spy reversal breakout swingtrading swing swingtrade swingtrader
Technical Analysis (TA)
On the weekly chart the momentum indicators are oversold. There are early signs over of a potential reversal.

On the daily chart the price is flat and there is a small wedge formed. We need price break above 115 and then we could potentially see LUCE reach 145 and 170.

Price Target
Entry: 115
Target 1: 145 (+26%)
Target 2: 170 (+48%)

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