hey traders,
looking at a potentially complete running flat on a weekly tf. lower tfs showing the potential for reversal + pattern + consolidation outside of pattern. i am in.
regards,
MIC
$LVT - LIVETILES - Broken resistance
Has broken through a couple of resistance levels, done a retest and might be moving again. Long way off old time highs of 75 cents and has been recently admitted to the all ords so might pop up on more watch lists. Strategic alliance with Microsoft always helps. Good market depth on the buy side. Worth a watch.
LiveTiles...
heres another look with the downward gann taken out as it's now confirmed to be out of that particular downtrend. watch closely for another bounce off the bottom of the red Gann fan. could probably snatch a bargain in the next few days, divergence is still possible though....watching for early signs IE dropping below that Gann Fan.
some good signs for LVT here, a close over 51c in the near future would be very bullish and confirm the uptrend. look for an increase in volume now for an early breakout sign. breaking below that uptrend support line would mean an exit for me. for the day traders id wait a day or two as these closes are getting to close to the top of the Bollinger bands (1) to...
For someone who doesn't know RT indicator:
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. LVT.AX has a...
I added to this after the move on 18/1. Treating it like a 'BGU'. Was way too aggressive on the add due to some FOMO frankly. Correct add was more like 55. Patience lesson #486...
