LKE 186 looks like it is pulling back to test the 34ema for support. It began printing candles with lower wicks on 6 April, has closed below the 8ema but is approaching a demand level where the 34ema could be tested for support.
LTR 173 was considered to be in uptrend until Friday when it broke and closed below a swing low. It has also broken and closed below the 8ema. So far it is holding above the 34ema and above a demand level where it is possible buyers will cause it to bounce but it has done some technical damage to the chart and will take a while to get back to making higher highs and higher lows because the trading on Friday puts it officially in a down trend because it is now creating lower lows,
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- Day traders' bring-on-the-weekend lounge April 8 - 10
Day traders' bring-on-the-weekend lounge April 8 - 10, page-72
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