Tim_yang98

LPL Elliot Wave Analysis

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NYSE:LPL   LG Display Co, Ltd AMERICAN DEPOSITORY SHARES
LPL is currently in a macro ABC wave correction. Hence, it is currently in a bear market since spring of last year. If correct, it should end somewhere in the 6$-7$ range. I have strong conviction that it'll reach this price somewhere during Summer 2022 if correct. After this, I believe a new bull market will take place and it will start filling gaps to the upside. This next bull market will be the perfect opportunity for a long term hold. This is always subject to change and you should always stay objective. I'm not here to predict anything, just here to watch the price action along with the use of Elliott Wave. I have my price target at $9.50 before shorting to $6. At $6-$7, I will begin to load up for a long hold. Not financial advice.
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