Text me if you have any questions/comments for me.
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LIC
- Previous analysis was done on 21 Sep - Suggested waiting for the next rebound wave
- Since then, the stock has formed a LH, re-tested the short-term support for a mini retracement, and rebounded
- There might be some price resistance above $22 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry above 22 levels if comfortable with the potential overhead resistances
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LIC
- Previous analysis was done on 21 Sep - Suggested waiting for the next rebound wave
- Since then, the stock has formed a LH, re-tested the short-term support for a mini retracement, and rebounded
- There might be some price resistance above $22 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest entry above 22 levels if comfortable with the potential overhead resistances
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