Is this a possible Up for LMND or are we going further down?
I see LMND dropping a bit more next week and retrace to hit the 0.786 range at $76 - 77, and hit the 30 RSI support.
After that we might see an uptrend to $110.
Is it going to continue up or does it make a double bottom after?
Can it overcome the resistance of the down channel?
If it does break the channel up, we might see price going to $145. Where does the 5th wave end? Is it going to fail? We shall see.
After that we might see an uptrend to $110.
Is it going to continue up or does it make a double bottom after?
Can it overcome the resistance of the down channel?
If it does break the channel up, we might see price going to $145. Where does the 5th wave end? Is it going to fail? We shall see.