In correlation to the Energy Market this stock shoild turn also green. It is a Trade from the retracement of the last down movement. Entry should be over 19.00 . Inital Stopp under the bottom at 16.70
The actual trading idea based und an retracement. If the stock moves above 18.00 it should be possible to reach the old highs.
Have a closer look at the stochastik. It is I called it undercooled , means the actual movement comes to an end
The LB Brands are in a defined Moving up Trend. The last days are the corrections like a distribution phase.
Now it is time to go back in up trend. If the price jumps over 74,30 the potential are the 80's..
GE is in an established trend. the last days are consolidated. If the breakout 31,80 the potential is 33. with a protected stopp at 30,50. Nice CRV ;-)
