The 50 ema, red line, is about to cross the 200 ema and sma, on the daily. Golding cross baby!! Stochastics RSI is over bought on the 4 hr and daily, fyi. The ADX is showing the buyers are still strong. The green and blue lines are the anchored V wap. Blue is the middle. I have 2 anchors. The previous high around $12 and the previous low around $2.75
LTBR is breaking higher this morning. Im buying here as its above the supporting moving averages and starting an uptrend.
Made a good profit from the last run. This sure seems like it setting up for another.
Sellers drying up, it broke past the full retracement, could potentially get one more little sell of into the 30's, add there. Only use 1/8th to 1/4 normal size. Sell half the uptick. Hold the other half for a big swing
uptrend, hit Jun 2016 resistance. buy if price above 2.45, take profit 3.45. LTBR