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malteseinvestor
@malteseinvest
Analysis: #NASDAQ $LVGO

Case 368 #Livongo Health Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#LVGO 1/3
Chart 1
Weekly Chart: Strong #momentum has been building since April 2020 and price closed strongly above July 2019 #trendline resistance and has risen to a new all time high - synthetic #resistance is seen at 100.76.

LVGO 2/3
Chart 2
Daily Chart: Price has risen strongly and an unfilled gap between 85.72 - 82.50 has appeared. The best #supports are 71.80 and 67.35, we plan our first entry slightly above and will attempt small longs.

The #Strategy is printed on the image.

$LVGO 3/3
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Related hashtags

#resistance #momentum #LVGO #Strategy #Livongo #supports #trendline #NASDAQ

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