LC - closed previous gap up
LC = 0.44 (-2.2%)
LC formed a white candle with lower high and lower low to close a previous gap up.
LC filled a previous gap up, if LC is to continue its previous uptrend it need to respect the previous gap up as support and form higher highs and higher lows.
If LC continues to form lower highs and lower lows, I doubt if the previous uptrend can be followed up.
Support: 0.43, 0.42
Resistance: 0.45, 0.53,
Good luck to all LC traders...
Comments