An Interesting Look at LTC vs It's Long Term Trend Line....

LTC is fighting back the bears in a BIG way.....Is this a reversal? Have we broken the bear downward trend? I think it's too early to say that with confidence, BUT all the indicators are there.....a hard bounce off a critical fib support, MCAD crossing bullishly, RSI in a healthy position....time will tell.

Regardless, I think right now is a great time to go long on LTC.

This is not financial advise.

Kommentar:

Added a bit more to the chart.

Would love to hear you guys' thoughts!

Kommentar:

Well, I'm happy to say that this trade went exactly as planned.