Lemonade, Inc.Alış
LMND Bullish Shark Reversal
LMND has sprung back above a critical inflection zone on the daily chart after completing a Bullish shark.
At the PCZ of the bullish shark is yet another, smaller bullish shark, which to me could be interpreted as the last shake out pattern, and double bottom here after a 113% retrace,
The smaller shark is at the max extension, with a bullish divergence on the MOM, OBV, HSI, RSI, VWMACD and potentially the MAC histogram here on the 4HR
The daily chart has already had a major divergence at the PCZ of the larger shark and id interpret this smaller one as the Reaction low, and confirmation low
A
lthough it wouldve been nice to see a higher low on the confirmation its not suprising with the way the market has been.
And technically this new low at 65.69 is the ACTUAL .886 which we didnt hit yet technically.
I really like this one and would love to see a 4HR or Daily candle stick reversal.
At the PCZ of the bullish shark is yet another, smaller bullish shark, which to me could be interpreted as the last shake out pattern, and double bottom here after a 113% retrace,
The smaller shark is at the max extension, with a bullish divergence on the MOM, OBV, HSI, RSI, VWMACD and potentially the MAC histogram here on the 4HR
The daily chart has already had a major divergence at the PCZ of the larger shark and id interpret this smaller one as the Reaction low, and confirmation low
A
lthough it wouldve been nice to see a higher low on the confirmation its not suprising with the way the market has been.
And technically this new low at 65.69 is the ACTUAL .886 which we didnt hit yet technically.
I really like this one and would love to see a 4HR or Daily candle stick reversal.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.