LCA seems to have broken resistance, but waiting for confirmation. MACD is turning green and could be a breakout coming or an uptrend.
CA looking like a good long remidn me of Paypal set up i had before and that one blew every level, upcoming event for this one is a merger on the 29th playing the run up but not the merger a nice "buy the rumor sell the news type of play looks to be safe overall!
LCA under 22 is good buy for the merger, looking at 25 by January Support levels: 20.66, 19.40 My plan: 22.5 C, 25C for 1/15
Broke out of a wedge. Heading towards pivot point to retest resistance. Look for continue pattern
OODA Process Observe + Market is bullish after a few days of pull back. + Stimulus talk back on the table with EOY deadline + SPAC has been hot + SPACs pulled back in recent days + Online gambling is going to grow and there are a few big players around it: $DKNG $PENN $GAN, etc. - some doubts about the merger not happening - Founder has other capital risks in...
LCA finally seeing some price action up. Hopefully it can break resistance with confirmation to use resistance as support. Definitely excited about this company, and this sector. MACD and RSI are bullish. RSI signaling overbought and MACD is showing us a strong uptrend.
in the process of forming handle. anticipating a 15%(ish) move towards $16.
With the recent elections Online gambling has been legalized in 3 more states. Great news for LCA. Hopefully this starts the uptrend for LCA.
Bottom of channel right now (tight stop loss/good risk to reward ratio) Target 18-21 not financial advice
LCA is a good long term hold. Increased my position today. MACD is closing red and going into green.
Alert set for break above $18.35 Potential upside to $20.00 - $20.60