LRN is setting up in a textbook breakout pattern. Sales up huge with gains of 44%, 46%, 52% and 48% in each of the last four quarters respectively.
Notice the pullbacks getting shallower from left to right. This is a sign that profit-taking is drying up and fewer shares are being offered as the stock trades from weak hands to strong ones.
The volume contractions in the tighter range confirms this further.
Monday's selloff likely shook out the last wave of weak-handed holders which will only strenghten this setup.
Consider buying new highs above 35.96 with a stop below the most recent swing low.
Notice the pullbacks getting shallower from left to right. This is a sign that profit-taking is drying up and fewer shares are being offered as the stock trades from weak hands to strong ones.
The volume contractions in the tighter range confirms this further.
Monday's selloff likely shook out the last wave of weak-handed holders which will only strenghten this setup.
Consider buying new highs above 35.96 with a stop below the most recent swing low.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。