damdaman

LCI channel, possible reversal points

Short
NYSE:LCI   None
0
I'd like to see it get to the top of the channel that has worked so well for a year now before shorting. But it looks to be slowing down at it's previous high at 58-59. Possibly consolidating at this level for a few days before a move to the top of the channel?

Either way, risk/reward looks much more like a short.
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