trading LSK with SMA and pivots
pp= 24.246
r1= 25.392
s1= 23.192
r2= 26.446
s2=22.046
r3= 27.592
s3= 20.992
The SMA 20 looks to cross the SMA 100 soon,but if it fails to cross it is good to buy on dip around 20.11 or 20.50 with take profit at 24.24...the moving average on the hourly chart still showing strong buy signal but watch out for significant break below 20.10 level failure to break that level will result to an upward trend back to 24 but confirm break of 20.11 will lead to downward trend towards 18.99 0r 18.33.
r1= 25.392
s1= 23.192
r2= 26.446
s2=22.046
r3= 27.592
s3= 20.992
The SMA 20 looks to cross the SMA 100 soon,but if it fails to cross it is good to buy on dip around 20.11 or 20.50 with take profit at 24.24...the moving average on the hourly chart still showing strong buy signal but watch out for significant break below 20.10 level failure to break that level will result to an upward trend back to 24 but confirm break of 20.11 will lead to downward trend towards 18.99 0r 18.33.
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