LUX INDUSTRIES Trend Analysis
A small cap company with strong fundamentals.
Technically neutral as price is consolidating near KEY SUPPORT level at golden FIB zone after a long term downtrend.
Bullish divergence with RSI indicating the price is bottoming out in confluence with the edge of the pitchfork.
Good to accumulate around 1630-1730 levels for the following targets:
Short term swing target @ 3500 (106% ROI)
Medium term swing target @ 4300 (153% ROI)
Long term positional target @ 5460 (221% ROI)
Do your own due diligence before taking any action.
Peace!!
Technically neutral as price is consolidating near KEY SUPPORT level at golden FIB zone after a long term downtrend.
Bullish divergence with RSI indicating the price is bottoming out in confluence with the edge of the pitchfork.
Good to accumulate around 1630-1730 levels for the following targets:
Short term swing target @ 3500 (106% ROI)
Medium term swing target @ 4300 (153% ROI)
Long term positional target @ 5460 (221% ROI)
Do your own due diligence before taking any action.
Peace!!
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