LAR: decent mid and long-term potential NYSE:LAR the unfolding trend structure shows decent macro potential, into Q4 and 2026.
Chart:
Two main zones to watch:
• Local support (more immediately bullish): 4.3–3.75 — if price holds here and starts closing above the 21dEMA, odds favor continuation toward next resistance zones. Although, I think we still might re-test the lower edge of this zone before a sustainable break-out emerges.
• Mid-term support: 3.50–2.70 — if price breaks below the 21dEMA and chooses to extend consolidation before the next leg higher.
Overall, the structure continues to favor a developing accumulation phase with solid medium-term upside potential once confirmation signals appear.
