LIN Prior Distribution → Markdown completed into Nov low
Accumulation formed around 400 zone with strong volume support
Price now in Early Markup phase
Higher highs & higher lows, reclaim of 50 & 100 EMA
200 EMA is the key supply zone overhead
Latest candles show strong closes with small lower wicks → buyers in control
Volume supports the up-move, no major selling pressure yet
Confirmation needed: High-volume breakout and hold above 200 EMA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.