Massive Falling Wedge Headed Into Earnings
Always keep an eye on LAC, however, I've never seen it hold within a falling wedge for as long as it has, while heading into earnings. LAC is still holding the same massive falling wedge on the daily and weekly timeframes. LAC has a nice double bottom and MACD golden cross on the daily timeframe, accompanied by a bullish cypher harmonic pattern. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones in the meantime -- Price Targets & Previous Charts Attached In Description --
PT1- $20.81
PT2- $21.67
PT3- $22.54
PT4- $23.78
--Weekly Timeframe--
https://www.tradingview.com/chart/LAC/4qV8HuXs-LAC-Falling-Wedge-Weekly/
-- Previously Charted--
https://www.tradingview.com/i/UpWvw7nw
https://www.tradingview.com/i/cUZHA3IB
PT1- $20.81
PT2- $21.67
PT3- $22.54
PT4- $23.78
--Weekly Timeframe--
https://www.tradingview.com/chart/LAC/4qV8HuXs-LAC-Falling-Wedge-Weekly/
-- Previously Charted--
https://www.tradingview.com/i/UpWvw7nw
https://www.tradingview.com/i/cUZHA3IB
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