gator0302

gator0302

Hello out there in the world of LTC marking it's 9th birthday today. We broke out of the ascending triangle and almost hit the price target briefly with a wick. Now we are looking at a bullish pennant as long as we stay above 49.50 ish on the close. In the next couple of days if we close above the upper trend line at around 50.55 we will confirm the pattern and...

gator0302

LTC is looking to breakout....We have ascending triangle with more than 3 closes above .382 fib. Also a nice bullish divergence on the RSI. Price target of $54.30 to take some profit. Look for the breakout in the next couple of days

gator0302

This is kind of an ugly inverse head and shoulders, but I've seen uglier. Per Bulkowski this is actually a very well performing inverse head and shoulders because we have a downward sloping neckline in combination with the left shoulder valley lower than the right shoulder valley. If we can close 3 candles above the .381 fib at $50.41 then we've got a great shot...

gator0302

Here we have a clean ascending triangle with multiple touches at the bottom and top with a price target of $50.76. This will also wick past the 1.272 fib which is where I'll be taking profit.