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Bixley
May 19, 2022 10:56 AM

LEA Parallel Support 

Lear CorporationNYSE

Description

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 repeats


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