LEDS - 22% short, 400% long target
Not financial advise. I'm just some guy on the internet.
Basis for recommendation: Technical Analysis only.
What is LEDS? Some Asian tech company.
What do they do? Tech stuff. Okay, fine, semiconductors.
Is it a buy? The charts indicate we are entering a price reversal ZONE. So far, just the tip and ONLY the tip! Be aware share price could decline a further 22% from current levels down to $2.03 or lower.
Buy range: $2.03 to $2.51
(Testing support at $2.49)
Stop loss: $1.90
Sell targets are green boxes with increasing resistance levels highlighted.
"Take profit" level $10 or above.
Basis for recommendation: Technical Analysis only.
What is LEDS? Some Asian tech company.
What do they do? Tech stuff. Okay, fine, semiconductors.
Is it a buy? The charts indicate we are entering a price reversal ZONE. So far, just the tip and ONLY the tip! Be aware share price could decline a further 22% from current levels down to $2.03 or lower.
Buy range: $2.03 to $2.51
(Testing support at $2.49)
Stop loss: $1.90
Sell targets are green boxes with increasing resistance levels highlighted.
"Take profit" level $10 or above.
Targets are currently valid