ContraryTrader

Levi's going into earnings

NYSE:LEVI   Levi Strauss & Co
Supply chains woes have been negatively affected earnings for companies like this (Nike).
Levi's is at a rock and a hard place showing a Descending triangle pattern which is bearish 90% of the time but with earnings here you never know. Even though the pattern is bearish, all indicators (OBV,MACD,MFI,RSI) are bullish

This could go either way

Long over 26.50
Short below 24.25

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