LOGI Update , We watch for bullish movement in next support !

2021년 7월 19일

LOGI is on the way to 0.618 Retracement level. Do we have a bullish movement there? Lets follow.

50% Retracement was not able to push the price up. Now, ABC form of correction has showed itself and we are more confident to go long in the case of bullish movement in support levels which are 0.618 and 0.786 Retracements at around 114 and 107 respectively.

Stochastic indicator is reaching to oversold zone once again which brings us another ideal setup to go long.

For now, I believe that there are some other up going waves which first is going to start soon unless facts provide a proof which I am wrong.

We do not give up ! we chase the stock and finally make our profit. Don't we?

2021년 7월 27일

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Gap down to second Support price (0.786 Retracement) . We still watch carefully.

2021년 7월 30일

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Finally we have a bullish sign. Now we can set our stop loss to last low and go long. Reward to risk is extremely high.

2021년 8월 19일

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LOGI Lost the 0.786 retracement support as well as dynamic up going trend line. Lets see how its going on around 103 USD.

2021년 8월 23일

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LOGI broke down trend line in RSI indicator. It is usually an initial sign of trend reversal. Lets follow and see how it will face down trend line in price chart.

2021년 9월 2일

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LOGI lost the last minor low and is going down ward to face last major low. Is it going too loose this last major low as well? !!!!

2021년 9월 16일

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LOGI had a trade below last major low. It seems the sell off continues in the stock.
As it is clear in the chart this analysis and the related one is totally invalid.

2021년 9월 16일

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What happened in LOGI and ROKU and many other examples shows us how earning reports considerably can change the direction of a chart.