Really, "Still trading within a 6 month range"
I would have sort it is a 15 month downtrend with latest significant high being a lower high. but hey maybe someone should contact Investopedia asking them to correct their teachings as presented here https://www.investopedia.com/terms/t/tradingrange.asp
Anyway my very basic weekly chart of the LIT Global X looks like this showing the downtrend, which started after reaching its ATH in November '21. One could probably also call it a quite a correction, but then what does one expect after 5 waves up?
New TA/Charting, page-11839
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1 | 500 | 0.995 |
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8 | 104909 | 0.980 |
Price($) | Vol. | No. |
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