Corto
LMNX Short the B Wave
Hello,
What is LMNX?
Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide.
News
My Thoughts For You
For the past several years when LMNX has a retrace after an impulse, it has averaged a retrace of 90%. I would wait to short this stock when B wave completes. Watch the daily TF for direction and use the 4hr TF for signs of a reversal to make your entry.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
What is LMNX?
Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide.
News
My Thoughts For You
For the past several years when LMNX has a retrace after an impulse, it has averaged a retrace of 90%. I would wait to short this stock when B wave completes. Watch the daily TF for direction and use the 4hr TF for signs of a reversal to make your entry.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
Nota
The Pattern is a leading diagonal with an overshot 5th wave.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.