Largo
LC - Bullish Wolve Wave Pattern & Analyst Upgrade

WW Pattern is a very reliable chart pattern, many of my previous ideas are based on it
The falling wedge is a bullish pattern that in case of breakout would lead to target along 1-4 line. More details: thepatternsite.com/WolfeWaveBull.html
3 and 4 are not very well defined, that's why I made 3' and 4' scenario.
LC received an analyst upgrade the 20th May by Morgan and Stanley that occurs right after the last exhaustion of the pattern (5). Coincidence ? You decide ;-)
The falling wedge is a bullish pattern that in case of breakout would lead to target along 1-4 line. More details: thepatternsite.com/WolfeWaveBull.html
3 and 4 are not very well defined, that's why I made 3' and 4' scenario.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.