Price Behavior

[darbyflier]

LODE is a pretty easy hold and add here. It has already shown it wants to move up out of its wedge (a common, counter-trend, continuation pattern) as it is up over the resistance, now support, top line. Target just on that little pattern is ~4.75.


Add the rising channel that the stock is likely operating in, for now, and one can see this is a great risk/reward add even up here; it is likely, longer term, that 5s + are coming.


I have a position and am holding tight myself.