SWING IDEA - LAURUSLABS

21 маяPrice Action seems to be forming Higher High and Higher Low Pattern.
Has broken the previous Lower Low Pattern with a big green candle .
434 is the major Support/Resistance Zone.
Currently price seems to be successfully breaking the 434 price.
Weekly close above this levels can take the stock to the next leg up.

12 июн.

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Stock bounced back again at the Trendline Level? Let's hope this will be the last retest for a big move upward.

22 июн.

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It looks like 444 level is forming a Resistance Zone. If still continues to go down further, its better to not enter this trade at all. Let's give a week or 2 max to see what happens.

28 июн.

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Trade looks like it might get invalidated. Let's wait for the monthly close to get a better clarity.

4 июл.

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Monthly closing so far looks good. We have to wait for a good volume to take the stock above 444 level in order for it to start rallying. Until we cross 444 levels, there is still no proper clarity on direction.

6 июл.

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12% upside this week and making a new high from our entry zone. Also finally we have a good closing above 444 level. Hopefully, our rally will start from the coming week onwards.

13 июл.

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Red candle this week. Next week's candle should give us some more better clarity on the move forward.

27 июл.

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Back at our Entry Zone again after a very good move in the last 2 weeks.