Tuesday, 17 January 2012

LTD - Technical Chart Update

Update to my previous post on LTD:

LTD is getting close to the top of its trading channel and near my price target range of ~$42.  Upward momentum still looks strong and next few days will tell whether it is capable of breaking up.  However, its trading channel is converging so expect a strong move out of its channel in one direction or another soon.

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