LEL's price action at the moment suggest a trend continuation, potentially a test of the 100 moving average this week, or into next week.
The RSI is showing positive momentum, completely un-surprised. I've been calling the price action divergences for months.
Price action acted as expected within the FIB, the divergences are EARLY SIGNS of positive price action...
I can't make this stuff up...
Both the 100 and 50 moving average show strong resistance, these are levels to keep and eye on. A break of the 100 moving average confirms a break of LEL's current trend. Although I expect it to test the 100, and price action to reverse to 60c.
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