Post by
drbob512 on Jul 27, 2020 10:27pm
With LVGO down 1/2 point
today, the technical signals & pattern didnt change from last Friday. HOD was 113.44 where it traded early in the session, then falling to 106 & then rallied a bit to close at 108 where it seemed to trade for 2 hrs into the close. Bulls want to see it take out 113.44 tmrw & close strongly while vears think it will break below 106 tmrw. 113 & 119 are resistance levels while 100 is both real support & psychological support. Rated A with all timeframes showing Up trends, the bulls remain in control until bears can force a lower high & lower low than 100. ER is Aug 6 AH so the next 8-9 sessions could prove dramatic. Bulls see the top of the BB @ 127.