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Lumber Liquidators is coming back into the $15 area. This is setting up like a sentiment chart where we are currently in the AVERSION stage testing the base it created throughout the last couple years. $15 area is a great long term buy opportunity and possible a good spot for long dated calls (Depending on Premium).
$LL Lumber Liquidators catching support at $20. Oversold post earnings.
Target as shown. GL
Read the chart... literally... i put words on it
Currently in a downward trend. Expecting the stock to hit resistance at 30.00 then continue downward to fill the gap from August. Target is the 200 SMA on the daily.
Strong bullish reversal. Buying volume healthy
My plan for LL is to wait for the retest in that shaded area and buy the dip. Looks like it gapped up nice a few days ago and in my opinion people will take profits at this point causing the stock to take a quick dip. Buy the dip, set your stop, and grab a cold one.
Falling wedge into megaphone support
Descending wedge into megaphone support
Bullish MACD, firming of RSI, sitting at support line, in process of starting its 5th wave. Stop Loss daily close below $25.
has been accumulated and now heading to 40++ NYSE:LL
Perfect day for a longterm breakout. Need a good closing price for entry.