Tend Shift Indicator still showing concave downward arc. Wait for opening upward red to green as a buy confirmation
It is a horrible time to be invested in TECH, it is obviously going to be sacrificed in the trade war, Huawei has become enemy Number 1 and any company with Chinese exposure has suffered great loss in value in the past few weeks. NASDAQ:LITE has considerable exposure and has now lowered guidance due to the ban initialised on Huawei. The chart of Lite is...
NASDAQ:LITE No sign of reversal just yet; will keep an eye on it
- we may deal with a major bull soon ? what is going on ?
LITE has very bad day when they downgrade the prospects in 2019. LITE is company which makes the technology for face recognition of the iPhone. Now is the good time for buy this stock !
Lumentum Holding stock price fell sharply earlier this week as market sell-off resumes. Where, price fell to test key support level as seen in the chart. In which, price bounced quickly bounced from this level. Nevertheless, price could fall lower to test final support level, before we could see a bearish reversal. Trade Step-ups: Bullish Reversal: Price...
Lumenthum Holdings stock reached an important support level on friday. That level has reversed the price four out of last five times. Stoch RSI is showing oversold signals, and the price formed a hammer candlestick pattern, which is a bullish reversal pattern. There is an opportunity to buy the stock now, and hold it till the $53 resistance. Is recomended to cover...
I'm still short, but dont forget the less time in a trade the better
Do you see the former support, now resistance? no position
Major 200SMA support breakdown as well as bearish neg MFI divergence. 50DMA in position to break below 200 SMA. Depending on an upwards re-trace, short entry positioned @ 38.2% ($50.47) w/ a testy stop between 23 & 38 fib.
Head and Shoulder pattern in ( NASDAQ:LITE ) (Lummentun Holding Inc.) indicating the up trend reversal, with Parabolic SAR indicator supporting the trend change.