Aug. 28 at 12:36 PM
$LSPD.TSX — Where Are We Now?
Since inception in 2019, taking a long on a close above the upper 2×ATR VEnv1 entry line while it is above the lower 4×ATR VEnv2 exit line has produced ~120% PnL with ~29% DD — far better than most other strategies on this name.
Right now,
$LSPD is above all major moving averages, RSI is mid‑range, and the medium‑term trend is strengthening. Price is approaching the key 15.30CA resistance — the same level where a valid VEnv1 breakout would occur.
If we get a close above 15.30, we enter a new CycleTrade long‑duration trend. If price rejects, we remain in the compression zone. We are one breakout away.
The answer to the important question, where are we now, is that price is in a strong buy position
