LT in Corrective Structure

LT is in a Corrective Phase, following the completion of the Motive Structure. The phase is confirmed by the fact that it is contained within parallel lines. You can expect the correction to continue further. This analysis is based on Elliot Wave Analysis. This sort of corrective structure is not just in this stock, but almost every stock that has run up impulsively in this bullish trend.

**This analysis is for educational purposes only. You may choose to plan your trade based on the current phase that is forming.**