Lands End (LE) bounce off support
Lands end is showing strong signs of bouncing off support. This is after the past few months have been showing a nice wedge / consolidation pattern and it broke out nicely. Good odds that this is the formation of an elliot wave (wow I'm finding a lot of these today).
Date found: March 2nd, 2017
Position: long
target: 20.54
stop: 17.89
Logic: Support, minor fib retracement, elliot wave impulse leg formation.
Date found: March 2nd, 2017
Position: long
target: 20.54
stop: 17.89
Logic: Support, minor fib retracement, elliot wave impulse leg formation.
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