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Is LNZA setting up for a drop? 1,2,3 Retracement Bearish shows up after gaining 3.83%
On Monday, June 22nd, LNZA moved up 3.83% while volume increased to 1.6× the usual levels. Multiple bearish signals emerged — 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 5.77, 5.32 & 5.03, with resistance at 6.51, 6.8 & 7.25.
Current SwingTradeBot Technical Rating of LNZA: F
There’s more where that came from. See all of today’s signals for LNZA here.
Read full article here »