Jul. 19 at 4:31 PM
$LVWR The falling wedge on the daily chart still remains valid. Last week, the price's decline decelerated and reversed with a modestly strong upward movement, despite the relatively low volume. The last rally started from a low base of
$1S in May. Now, if it is at the beginning of a new rally (supported by the evidently smooth trend changes in MACD and RSI), the significantly higher new base than the previous one may indicate a heightened probability of topping the target. Continuing to watch. If and when the target of
$9.50+ is surpassed, new targets may reveal themselves.
