LSCC watch out for the shooting star

LSCC had a quick bounce, dropping 6% and then gaining 5% during this weeks rotations. A move past Tuesday's high would be a positive sign. The 10d ATR (x2.7) suggests a 11.77% stop and position size of R8.49. Given the chart pattern, one might further limit risk by stepping into this position at 50%, 30%, 20% increments.

Buy Point: 40.74 - 41.48
Stop Loss: 35.94
Position Size: R8.49