Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Monday, February 27, 2017

LT Group Inc #LTG

LTG MONTHLY CHART

  • Bullish reversal is validated by the confirmation candle next to the hammer candle.
  • Price is now moving above 50MA.
  • STS crossover (bullish)
  • Still consolidating and must break the resistance near 17 or it may continue to move sideways.

LTG DAILY CHART
  • Continues to move upward after breaking the downtrend line.
  • Moving above 50MA.
  • Next resistance level is at 15.96
  • If it fails to break area near 16, it may find new support around 50MA.

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