Potential Long setup on LCI; awaiting price confirmation at a higher level - high risk trade profile contingent on upcoming earnings. Hope to see price break higher on positive earnings report.
Trade responsibly; TPs and SLs
In weekly TF looked cooked enough and below lows, MACD building trend up while the price itself stay the same.
in 4H same thing .
Balance sheet seem decent enough and with some luck well get some positive news about the pipeline .
first destination around 17$ and with a lot of luck maybe well get 20 +
not a recomandation to do anything in the stock...
Good company with positive chart indicators that had 41% short interest on 2/28.. big gap up at $19.75. Holding $16.35 and will sell if falls below $15 and take aanother look if and when it hits $18.35 (~12%)
LCI going up forming a bump & run or falling angel type of pattern. Moneyflow is accumulating & turning to positive side. We think it will continue up trend for a while.
Investors seems very bullish on this as Calls outnumbered puts by a bullish 31-to-1 ratio.
So we would consider $25 November Calls currently $1.30 or $25 December Calls currently $1.90
LCI is currently trading near a downtrend resistance line with earnings next tuesday. 9 out of the last ten earnings reports have seen positive moves upward or at least traded flat a week or two after the release. Increasing fundamental indicators as well as a recent approval for a generic drug, a month ago, in July contributed to the recent reversal of the...
Spotted a nice Selling area (34.21-35.37) if price reaches up to my intended selling area i am shorting due to an imbalance in price. Solid Risk to Reward Ratio helps with Risk Management and long term wealth #winning team
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