* Technical Indicators: * December breakout from falling wedge, forming a bullish hammer. * Interaction with 20 SMA provides robust support. * Rising RSI and bullish divergence signal increasing momentum. * Volume surge supports positive price action. * Low float of 14.6M shares may result in heightened volatility. * Bitcoin Sympathy Play: * LMFA benefits from ongoing Bitcoin ETF hype. * Positive sentiment from Bitcoin halving could further boost LMFA. * Long-Term Perspective: * Consider the monthly chart as part of a long-term strategy. * Utilize Bitcoin-related catalysts for potential sustained gains. * Trade Strategy: * Position for long-term growth based on positive technicals. * Mitigate potential volatility by maintaining a patient approach. * Risk and Reward: * Assess risk tolerance and embrace a longer investment horizon. * Regularly review the trade strategy based on evolving market conditions.
Remember, this is not financial advice. Thorough research or consultation with a financial advisor is advisable before making any investment decisions.