A look at the daily, LTRPA has formed a double bottom with a breakout of a declining trend line This stock is optional, however, there are probably 5 the people in the world to trade with, so trade options at your own risk. I have set a stop at the recent gap and profit target at the most recent high.
That being said, if this one breaks above the profit target this might be a keeper for the year. There are just so many prior peaks to act as resistance. Who knows maybe this stock breaks above it's IPO offering price. until then lets see if it meets it's profit target.
Weekly
Take a look at the weekly! look at those indicators. stoch rsi surging, OBV breaks downtrend, macd pointed up. Also, note the trend line break in the price action.
monthly
yep I am dumpster diving. the trend is down. However, until there is more volatility in the larger stocks, this is what there is to serve up.
That being said, if this one breaks above the profit target this might be a keeper for the year. There are just so many prior peaks to act as resistance. Who knows maybe this stock breaks above it's IPO offering price. until then lets see if it meets it's profit target.
Weekly
Take a look at the weekly! look at those indicators. stoch rsi surging, OBV breaks downtrend, macd pointed up. Also, note the trend line break in the price action.
monthly
yep I am dumpster diving. the trend is down. However, until there is more volatility in the larger stocks, this is what there is to serve up.