FieryTrading

🔥 LUNC Bullish Wedge Break Out

Long
After months of bearish price action, LUNC has seemingly made the initial bullish reversal move. Whether this break out will lead to a prolonged move up remains to be seen, but for now things are looking reasonably good.

I'm looking at the two blue lines for targets. Keeping the targets close since there are some strong resistances on the horizon and the long-term trend is not yet bullish.

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