LIOC has bounced back from its support (175).
Pros
strong support zone at 175
DMA200 at rescue
RSI Bullish Divergence + trendline support
Cons
Descending triangle
Negative sentiment ( FUD due to fuel price drop)
Stoploss 173/DCA (if not on margin)
Pros
strong support zone at 175
DMA200 at rescue
RSI Bullish Divergence + trendline support
Cons
Descending triangle
Negative sentiment ( FUD due to fuel price drop)
Stoploss 173/DCA (if not on margin)
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.
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.