Update on LAC confirmed ascending triangle on the daily chart. Price target on daily chart is still 49$.
Added a confirmed Cup'n handle graph on the weekly showing a possible target price of 36.40$ (Top right graph).
Caution: The S&P Material sector is running into resistance (551.50$) on the Weekly chart (Bottom right graph). If the sector can break through this resistance, LAC will have a better chance of hitting both daily and weekly targets. If the sector does not break through resistance, LAC could reverse and go lower.
Stay humble, have fun, make money!
Added a confirmed Cup'n handle graph on the weekly showing a possible target price of 36.40$ (Top right graph).
Caution: The S&P Material sector is running into resistance (551.50$) on the Weekly chart (Bottom right graph). If the sector can break through this resistance, LAC will have a better chance of hitting both daily and weekly targets. If the sector does not break through resistance, LAC could reverse and go lower.
Stay humble, have fun, make money!
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