Wednesday, March 15, 2017

LMG Technical Analysis (March 15, 2017)






LMG catches my attention today due to huge price drop. This is one of those examples that shows how Elliot Wave Analysis can help us identify point of ruin of a trend. LMG's price simply crashes after completion of its wave C. Right after testing a key resistance several times.


DISCLAIMER:
This is just my own personal analysis base on what I see on the chart. It is not a recommendation to buy/sell. Trade at your own risk.

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