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ScotianBot
Jul 22, 2020 3:20 PM

LHS appears to be trading in a Macro descending channel. 

Description

Since LHS has broken down from a Descending Triangle in May/June 2019, the Dark Blue Line is the floor of the Descending Triangle FYI, we've seen bullish support near the bottom of the red downward sloping channel multiple times, I wouldn't be surprised to see a retest of the bottom channel again before breaking out of the pattern bullishly to the upside.

This chart is done on a five year log scale.


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