LTC is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
LTC is showing interesting structural developments at $53.19. The stock is trading at $53.19, up 1.79% on the day. Algorithmically, a Falling Wedge structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $56.68, targeting $59.14 with support near $51.48 (R:R 0.47).
What is your outlook on LTC?