Expecting to see a range bound between 55-60 in LTC for the time being until we break above the long term trend line. However if we break yesterday's low it should be warranted with caution and could confirm a bear market.
Comment:
Broke above both trendlines last night. If it closes above today it should resume bull trend and we should see new highs by year end.
Comment:
Backtesting the breakout levels... good risk/reward here to go long. Stops around low 55s, (10/13 lows)