LKQ - Hidden Divergence - Bullish

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On the chart of LKQ, we can see a forming ascending triangle and we can see hidden bullish divergence on daily timeframe.

An ascending triangle is a bullish formation. The pattern gets validated when the price breaks out of the upside of the pattern.

By using the Relative Strength Index we can hidden bullish divergence.

A long position can be taken when the resistance of the triangle turns into a support.

See all further details on the chart.

Goodluck!
トレード稼働中
We got a breakout and the pullback with a small fakeout and the support confirmation. LKQ is ready to continue higher
ノート
buyers still strong.
ノート
Strong resistance at 58-59$
Expecting the price to retest 47$ again
Ascending TriangleBullish PatternsChart PatternsHidden Bullish RSI DivergenceTechnical IndicatorsLKQlongpositionrelative-strength-indexrsidivergenceStocksTrend Analysis

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