Text me if you have any questions/comments for me.
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WTC
- First time doing a written analysis on LRK
- Has a nice history of uptrend in the first few years since IPO
- Long sideways movement that lasted for almost a year (blue highlighted area)
- After breaking out of that sideways, the stock again facing another resistance at 54.50 levels (orange line)
- A successful breakout looks to be around 56.50 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry
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WTC
- First time doing a written analysis on LRK
- Has a nice history of uptrend in the first few years since IPO
- Long sideways movement that lasted for almost a year (blue highlighted area)
- After breaking out of that sideways, the stock again facing another resistance at 54.50 levels (orange line)
- A successful breakout looks to be around 56.50 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry