#LNVGY | #Lenovo is pushing up at MASSIVE RESISTANCE.
...so wait for a break higher w/ VOLUME CONFIRMATION!
And, if there is NO volume confirmation, then we'd likely SHORT it.
Realistically, we should see a pullback to at least the 0.5 fibonacci region.
If #LNVGY breaks slightly lower than the GOLDEN POCKET (0.6 to 0.65), then
we'd be interesting in going LONG with a tight stop-loss at 0.78!
...so wait for a break higher w/ VOLUME CONFIRMATION!
And, if there is NO volume confirmation, then we'd likely SHORT it.
Realistically, we should see a pullback to at least the 0.5 fibonacci region.
If #LNVGY breaks slightly lower than the GOLDEN POCKET (0.6 to 0.65), then
we'd be interesting in going LONG with a tight stop-loss at 0.78!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.