LITE is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
A clear signal has emerged for Lumentum (LITE) on the daily chart. With a last close of $826.88, volatility remains active (8.14%). The primary technical feature is a Ascending Triangle formation. Volume is average (1.05x avg) with moderate trend strength (31.1). A potential breakout level is identified at $827.56, targeting $1106.88 with support near $642.37 (R:R 1.51).
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