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Strategies & Market Trends : LPL -- leader in World's TV Industry

LPL 5.010

+3.9%

Oct 31 9:30 AM EDT

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From: chessboard_andy	4/21/2021 11:36:45 PM
	of 76

Up over 5% in Korea. Looking forward to tomorrow's open. As I have noted previously, $11.19 is the current line of demarcation. Today's trading verified it as a resistance point. It looks like we will have a candlestick open well above that level tomorrow morning. (Perhaps over $11.50). Hopefully we can close well above that level. Blue skies above that level. I have called out $12.96 as the next real hurdle, but that level was set so far ago its relevance is a bit dubious. For now, hopping over $11.19 is a great start for continued strength. Regarding the reason for the overnight jump, I can't find much. Samsung Electronic's Video Display Division Head was questioned about the LG Display Oled Supply Agreement reports while at the World IT Show in Korea which opened 4/21. He did not confirm anything, but merely said that there were no announcements related to OLED at that show. Perhaps there was more nuance discerned by savvy investors coming out of that show. Samsung Related Article Link

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