I like the exhaustion this morning at the fib line. Confluence also with pitchfork trendline. Critical to move over 47.46 soon to continue uptrend.
The company has great products but is not selling well. The chart shows a moment of decision is up on us.
also, backtesting 0.5 fib. also, there is favorable news flow: www.investing.com
Stop if below 24 for 2 consequitive days. Target top of range (54). Now 26.
LOGN for a few days hugging trendline. if true will aim to close the gap at 87 before EOY. if trendline breaks look at the bottom trendline of pitchfork.
Closed the gap and if can stay inside the gap and then move below 740 we gonna see < 700