LKCO stalls but will make a move up.
Hello,
What is LKCO?
Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. The core brands of the Company are "Luokuang" and "SuperEngine".
My Thoughts
I am seeing a rounded bottom indicating that the decent has ended and that the bottom is in. I also see that we are making a higher low as denoted as wave 2. Wave 2 is long a drawn-out so when wave 4 happens, expect a fast drop in price.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
What is LKCO?
Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. The core brands of the Company are "Luokuang" and "SuperEngine".
My Thoughts
I am seeing a rounded bottom indicating that the decent has ended and that the bottom is in. I also see that we are making a higher low as denoted as wave 2. Wave 2 is long a drawn-out so when wave 4 happens, expect a fast drop in price.
Good Luck, Cheers!
Be sure to comment, follow, like, and check out my profile for more trade ideas!
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