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.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.