150% return in one month
For someone who doesn't know RT indicator:
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. LVT.AX has a Relative Timing of 1.39 yesterday, which is very good on a scale of 0.00 to 2.00.
LVT.AX has done very well since the last crossovers near 15 Dec 2017: WMA (10&30), DPO, MACD.
The value of RT is ranging from 1.29 to 1.41 in this month.
The current price actions show a bit of downside due to the resistance upward trend line. Or say in the W chart on the right, the highest price reached near Fib Ext 127.2% ($0.68)
Tomorrow will be a challenge day for LVT. Why?
There is a potential bearish divergence on DPO in D chart. A possible pullback to the dotted S/R line where WMA (30) lies.
RT is a VectorVest technical indicator that computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements day-over-day, week-over-week, quarter-over-quarter and year-over-year. If a trend dissipates, RT will gravitate toward 1.00.
RT analyzes a stock's price trend. LVT.AX has a Relative Timing of 1.39 yesterday, which is very good on a scale of 0.00 to 2.00.
LVT.AX has done very well since the last crossovers near 15 Dec 2017: WMA (10&30), DPO, MACD.
The value of RT is ranging from 1.29 to 1.41 in this month.
The current price actions show a bit of downside due to the resistance upward trend line. Or say in the W chart on the right, the highest price reached near Fib Ext 127.2% ($0.68)
Tomorrow will be a challenge day for LVT. Why?
There is a potential bearish divergence on DPO in D chart. A possible pullback to the dotted S/R line where WMA (30) lies.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.