LTC - Possible Triple bottom and Reversal - TP $113

Disclaimer: This is not a trade advise; this is for educational and informational purpose only. I hold long position in LTC.


LTC is possibly forming a triple bottom which is considered a powerful reversal pattern. If the pattern hold true, and breaks out the resistance, then it could reach $113 in short-mid term.

Please like and/or comment if you agree or disagree with my analysis.

Thanks.

Komen:

LTC is bouncing nicely from the support level with good volume in half a day of trade so far.