NAK1987

LSI , Check out all the breakouts happening here ...

NYSE:LSI   Life Storage, Inc
This was a leader from covid rally to its peak on Dec 31st 2021 .

Originally the recent inverse head and shoulders caught my eye but there is a lot more bullish technical activity happening when you take a moment to assess all the breakouts happening here in a such a small chart space .

My minimum entry requirements are met here ( qqq / spy above 10 and 21 emas and LSI is above its 50 sma now) . I also have the allowance for 2 more positions at 0.5% Risk each which would push me up to 4 % account risk, which is my limit. Will be watching on Monday to see how we open . Probably best to "chill" and let a few of my new positions try to hit their 2R de-risk point though. Hmm decisions decisions ....

In any case , nice looking chart , potential wise . Also , note the potentially bullish volume anomaly from Fridays price candle vs volume bar .

艾力克~
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.