Locktrip has broken through the 50 day EMA (orange) has now hit the 100 day EMA (yellow) a few times. We will be looking for it to break through this resistance.
If we look back to the 2018 run, we see once it broke through the 100 day EMA, it was used for support a few times before breaking through the 200 day EMA.
If we look back to the 2018 run, we see once it broke through the 100 day EMA, it was used for support a few times before breaking through the 200 day EMA.
Comment:
I didnt draw a very good trendline on this chart, sorry everyone. I assure you though the trendline is still intact!
Locktrip dropped also, but wicked down to the 50 day EMA and came back close to the current trendline. Good news so far but worth keeping an eye on.