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ginonadal1900
Feb 22, 2024 3:25 PM

LSPD - Bullish Reversal Long

LIGHTSPEED COMMERCE INCTSX

Description

LSPD (Lightspeed) appears to be oversold at the moment. The arrival of the new CEO is expected to significantly boost the stock. Additionally, there are signs of a potential reversal, particularly on the lower timeframe of 15 minutes, with an inverse head and shoulder formation indicating a possible turnaround. I anticipate LSPD to rebound and test the resistance level between 21.5 and 21.9. Best of luck to everyone, but please remember that this is solely my opinion. Conduct your own analysis and risk assessment.
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