Chart pattern is looking positive? I'm in based on this.
Here is a 25 year logarithmic chart, showing the big breakout to the upside in 2021 (which I bought), and now the pullback to the breakout level.
The below 3-year chart shows zooms in and shows pullback from the Nov 21 high, with a little bottoming pattern forming over the last few weeks, and now threatening to breakup, and through a trend line at the same time. There's a lot of price action to get back up through (i.e. a lot of people are caught long at higher levels and hurting). So initial moves up might be sold into, until we get into more rarefied air. But still it looks interesting to me, and a good enough set-up buy.
LMG Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
