Finished up nearly +5% today and still in its ascending triangle, there appears to be some sideways movement in this triangle too but the price is staying above the 50 and 200 Day MA and used the 50 Day MA today as support very well.
The breakout level remains at $122, so a breakout and retest of this level and the First Target is at $180 and has not changed.
I like the look of thsi confluence level at the bottom of the triangle here too, it has done a good job holding support, $LABU just needs the break out now.
Norah
2024-07-09 00:58:13 +0000 UTCLuc
2024-07-08 20:19:09 +0000 UTC