hi Traders
LIN looks very strong.
The price broke the horizontal resistance and is making new all time highs.
However, buying now may be a risky play as the pullback is likely.
If you want to buy LIN, the best strategy would be to wait for a retest of the horizontal support and play the trend continuation to the upside.
Selling/taking profit at the upsloping resistance will be a reasonable move.
Do you agree?
LIN looks very strong.
The price broke the horizontal resistance and is making new all time highs.
However, buying now may be a risky play as the pullback is likely.
If you want to buy LIN, the best strategy would be to wait for a retest of the horizontal support and play the trend continuation to the upside.
Selling/taking profit at the upsloping resistance will be a reasonable move.
Do you agree?
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