LVGO
Update on LVGO: Another breakout - trend continuesHere is my original analysis on LVGO from June 18 (click chart to see updates):
Queuing to see the Teladoc at 195Last night, Teladoc which has been going up for more than 200% since the beginning of 2020 has a sharp fall of nearly 16%.
It is highly likely that it will have a pull back tonight and I expect the price to head further south towards 195 price level before I take a long shot.
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See our calls in Feb and May 2020
Classic "runaway" stock... Current price action is typical of stocks that run away and never look back. A tremendous portion of the most bullish stocks in history had price action like this.
LVGO TRADE DEVELOPMENTBLUE SKY BREAKOUT SET UP
Another potential opportunity to profit from a company that's not only is resilient but also benefiting from the pandemic. Accelerating revenues and increasing market share serves as the tailwind for the company.
lvgo run may be tapped outPossible retrace to red yellow or green. I sold my position today, hope it wasnt a mistake ;)
Three Percent Trade Idea: Go long LVGOHere is a great opportunity to pick up LVGO .
At Three Percent Trades we have a price target of $35.00 / share, which is a potential upside of 54.4%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
SHORT LVGOI love these fast moving stocks. They have the potential to make 15-20% bounces and retracements over and over again. Looks great with a nice tight stop. Just something different to change it up from the regular crypto analysis we always do.
Good Luck,
Mr. Mabbearpig