Lumentum Holdings Inc.
Panjang

LITE breaking out of a tight range with higher than average volu

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* Excellent earnings
* Strong up trend in the long term
* High 3-month relative strength of 2.61 in the Tech sector
* High 50 day U/D ratio of 2.11
* Breaking out of a 3.31% range
* During the consolidation the volume did dry up and as it started breaking out the volume picked up.

Trade Idea:
* You can enter now as the price is just breaking out of the tight range
* If you're looking for a better entry you may wait for an entry opportunity near the $105.61 area

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.