Since December of 19' $LIVX has been on an uptrend. As we can see price is followed by volume! There is a lot of news about the new partnership and the possible expansion of the company's business. They are still short on cash and yet not profitable. This company has been established in 2017. Let me know your thoughts!
This is stock has been on a downtrend since 2018, two gaps were created on the way down which is represented by the green lines.
Now the stock in on its upward trend, old support from 2019 is now the new resistance with the top (now bottom) of the gap being new support.
Please leave me a comment it will help me to improve my trading skills.
The green lines represent gaps from 2017 to Now.
The blue line represents the new support line.
It looks like we have a new gap that broke the upward trend line making a new gap and higher lows, although we have an increase in volume since the gap was created.
Please leave a comment it will help me improve my trading skills!
Two gaps on this daily chart one okay size and the other very small, increase in volume has been current. there may be more upward movement coming...
Please leave me a comment if you think there is more to it, it will help me to improve my trading skills!!!!