Thursday, March 16, 2017

LMG breakdown

LMG Chemicals Corporation

LMG breakdown was bound to happen after the distribution activity. Prior warning pattern became more significant after it was followed by a few reversal patterns and its failure to create new highs.

*Its now back to the previous breakout point.

Previous analysis:
https://www.facebook.com/PSETrends/photos/a.1312337302188343.1073741833.765291220226290/1312337535521653/?type=3&theater


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