jangseohee

Double bottom with divergence... Act on it

Long
NYSE:LGF   None
0
LGF created a bear trap by turning bearish on 19 Sept.
However, as the second bottom was created with a Hammer and Bullish MACD divergence,
i become optimistic.
31.06 - a tick above the hammer was triggered, (stop loss a tick below the low - 30.75)
To minimize my 3K risk, i took profit at 33.0 at exuberance seems to creep in with resistance level

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