Aug. 16 at 4:32 PM
$LEXX 🚨 MONTHLY CHART: THE MACD CROSS IS HERE! 🚨
Looking at this 1M chart, the multi-year downtrend has officially exhausted, and the structural bottom is IN.
MACD Flip: MACD histogram just turned green above 0.00 with the signal lines curling upwards for a textbook bullish crossover—the exact technical setup that preceded the massive 2024 run to
$60+.
RSI Rebound: RSI printed a higher low near ~38 and is curling up towards 40+, showing steady momentum accumulation.
Volume Baseline: Selling volume has completely dried up post-split, leaving a paper-thin float (~1.65M shares).
The Spark for the Rally:
This technical reversal isn't happening in a vacuum. With commercial validation rolling in (PegBio MTA + PharmaCO deals) and Human Study #7 top-line semaglutide data reading out next, fundamental execution is aligning directly with the chart. If top-line PK data beats Wegovy, this ultra-low float triggers real long-term price discovery. 🚀📈
$RANI $VKTX $LLY $NVO
#GLP1
