Lifeist Wellness Inc V.LFST

TA Insights...

[steveM45]

Well well, will you look at this...a short term bullish setup has emerged since yesterday....interesting.

Not that I think this company will do well next financially, but I do see good probabilities of the stock making a move up, barring any news (good or bad).

It broke above the .345 resistance yesterday and remained above .32 support.
If the next few days can keep above .325 and mark a new high above .35, we may have a push to .45 coming soon.

If .45 clears, targets would be .53, then .71

A stop loss at .31 would be ideal, since violating that would most likely mean a trip down to .27, and if breached, .23

Trade well folks. Make your money when you can.

[whisky11]

steveM45]Well well, will you look at this...a short term bullish setup has emerged since yesterday....interesting. Not that I think this company will do well next financially, but I do see good probabilities of the stock making a move up, barring any news (good or bad). It broke above the .345 resistance yesterday and remained above .32 support. If the next few days can keep above .325 and mark

[hevin]

Agreed whiskey on stop loss. I also believe that big institutions use it to shake out weak hands, or to take out the shares of the naive at a cheaper price...

[steveM45]

couldn't hold support  .27 coming soon.... ER better save the day, otherwise .23 is around the corner.

[steveM45]

Hope you guys sold above .31, mental stop loss or otherwise.  Better hope it doesn't break .27, unless you're looking to buy at .23  

[steveM45]

Glad I changed my perspective when the circumstances changed....did you?