Lux Industries chart if back-tested shows that it has traded in a range between two price points 1123 and 1559. The range is around 40% wide and today the stock has touched the bottom of the range. After touching this price it has touched 1559 in a short period of time in the past for a total 4 times. The years in which the range was covered are 2017, 2019,2020...
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I wanted to share some exciting investment insights with you, and I want to preface by stating that I am not a financial advisor, and the information provided here is solely for educational and informational purposes. Please conduct thorough research and consult with a financial professional before making any investment...
Luxottica's slowing fall over the past six months has been nicely accompanied by bullish or improving momentum divergences. Levels around 42 seem to serve as a good floor for the time being. The 50day moving average has been capping any efforts since May, and a break above it, may be a first technical catalyst, with the second waiting @44.69 for the completion of...
