Bullish while holding hourly uptrend
-trade in weekly range
-double bottom shown on weekly
-broke high of initial 4hr bounce
-resistance approaching top of the weekly range
-stop loss 1.09 while playing the bull move up to the top of weekly range
-look for tightening range inside weekly range unless news
After a whopping 170% run, Liberty Health Sciences (LHSIF), Has started it's retracement, and in my opinion, it's not done retracing just yet.
If you look at the green circle you'll find a perfect entry. a bounce off of the 0.50fib level where the 55 ema and the 200 ema is located. If a bounce off takes place, there is also a chance that the 55 ema ...