Two double tops can be identified along the top line A lower line plotted parallel to this curved line allows for a possible bottom point which coincides with 2.618 Fibonacci circle, which was seen as a level of support. This could also be marked as 0. A middle line (0.5) hosts the bottom for another double top structure, lets see if the recovery pattern in green...
Bull flag, higher lows, upcoming earnings, oversold stochastic RSI. 15% upside / 3% downside
This stock break uptrend and dropping without any bounce back guys. We should not invest right now, you can share money buy in Buy zone 1 and 2 for more safe. Thanks for reading and good luck guys!
LEAR to backtrace to long term trend in the coming months
Hey guys, so LEA has great long term bullihs trend and was consolidate for a few weeks ( distrubition phase) with low volume and today it broke out with good volume and there was a nie gap at the open also. The candle finished strong and i bough it at the end of the day. Also yesterday people were trying to sell from the the resistance so all these people who sell...
What can I say. Good fundamentals, strong balance sheet. Price above 200SMA, ascending triangle. LEA is a buy
Lear Corporation manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to original equipment manufacturers across the world. I watch for Unusual Options Activity and I saw a HUGE Call buyer of the June 90 Calls for $2.10. Then I looked and the Open Interest of this line was over 51,000. This...