LPL -- leader in World's TV Industry Message Board

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

LPL 5.025

+3.9%

3:59 PM EDT

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To: chessboard_andy who wrote (55)	3/18/2021 10:12:29 PM
From: chessboard_andy	of 76

Grrrr. The chart broke down just before 3pm on a 50K share volume spike to the downside. Once it the stock dropped below $9.60 the slide was not to be stopped. The Korean issue is drifting down overnight as well, so we will have to claw our way back an $9.60-9.65 is a resistance hurdle that will need to be jumped. I'm not entirely clear on any strong support levels that formed during the stellar ride from, so we will have to watch for where buyers step in with volume. There are levels, but $9.65 was the number I was trading off of. I don't expect an immediate drop, but if it does not regain that level in the next couple of sessions, you may see a downward drift for a while until a catalyst moves it up or down.

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