Looks like a solid chart and at an inflection point above past high and 50 EMA. Above 87 seems good with a stop below the 50 at 86.50ish.
Would you agree or is there a flaw with the setup i do not see.
I would agree! The chart looks good. I especially like the weekly chart.
LNTH has rallied above its 50sma and looks to be gaining strength. Also, this is not an expensive stock. However, I wonder why it has been lagging while the market has rallied. That is my only concern.
They are scheduled to report earnings next week, and that may be a catalyst?