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The trendlines is just to denote trend. Green line denotes the longer term trend which is reversing. However it is a symmetrical triangle so I was hoping we didn't get that fakeout at the 1.42 very strong resistance. The ST momentum is still indicating it has not broken down yet.
IMO I see similar leading technical signal in PLS as the other stock diverging from the pack.
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Unfortunately the LT trend on the LIT etf is still technically down after a nice bull swing from the Dec 2018 low. If the pull back do not test or break the Dec low then we can start to look forward to the potential infant reversal point.
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