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LPI: WATCH FOR BIG WEDGE BREAK OUT
LPI (Laredo Petroleum Inc), an independent energy company (oil and gas).
Huge consolidation within a big wedge. Weekly chart with price above Ichimoku cloud, which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100.
The move could target anywhere between 146 and 208.
Analysts target: 124
Trade safe.
Huge consolidation within a big wedge. Weekly chart with price above Ichimoku cloud, which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100.
The move could target anywhere between 146 and 208.
Analysts target: 124
Trade safe.
註釋
False breakdown of the triangle followed by a reversal. This could be the start of a powerful move if we break 100.
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