byuipreston

$LXRX Technical ANALysis

Long
NASDAQ:LXRX   Lexicon Pharmaceuticals, Inc.
•MY Technical Analysis!! Please read it even though it's long. I am sort of new to TA. Please let me know if there are parts that are useless or suck😂 (Looking at the 14th and 15th on a 30 min time frame)
-held the 25 ema even during the 15th dip, held the 20 ema all but 1 hour, it then popped up to hold all EMA's.
-the last 30 minute volume on the 15th was nearly the biggest of the day. (The first 30 min time frame was the largest)
-the last 4 30 min time frames were green
- 6.50 held well on Friday. Acting as support right now?
- drew lines from 14th's low to 15 end of day, also 14th's high to 15 end of day. Looks like crossing 7.00 is very important. Did the same idea only for the 14th's low and high's to the EOD. The points meet at 6.72, an hour and 45 minutes into Tuesdays trading. It will need to break out, down or up. - stoch RSI ended below 10, whereas RSI(14) ended at 55 ·
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