LIT had broken out the Darvas box of almost 11-month accumulation.
Retest of the box is on-going. It seems that LIT will make a big move after that.
This is a swing trade so patience may be needed to reach the 2 targets.
Trade active:
Trade is reactivated.
LIT is again at support. Entry is $1.3
LIT is again at support. Entry is $1.3
Trade closed manually:
LIT fell back to the box
LIT starts flying today after retesting the box. We can see good buy volumes supporting the reach of higher targets