Over 1 year Long Ascending Triangle on this recent IPO
Not seeing lots of crisp setups. 2 days down and 1 big day back up not helping tight/low risk pullback entries. $LEGN looks okay for a pullback setup if you feel like buying something Monday.
Good Day To The Investing World Through our analysis, it seems that LGBN could be heading into a breakout upwards. This is evident from the displayed Zachs Ratig of #1 (Strong Buy), and also shows us the high volatility closing down. In addition, we can see that the low red line is heading upwards, while the high green line is heading downwards, hence, should...
$LEGN is a biotech with good sales growth. Putting in a base on base setup. Broke out of a 2 months cup base back in September and pulled back building a cup with handle on top. Higher than avg. vol cup bottom. So need to see it tighten up in the handle (orange bars)
This is a technical long only , we see a possible break of structure and what seems to be a range forming ... Good luck ~
Alerts for breaking the downtrend and 0.38 fib-level: $28-28.5 Target 1: $33 Target 2: $38 Target 3: $43 Target end 2021: $50 as per analysts