LNTH

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Lou Rossi
Jul 17, 2023 06:18 PM 0 Answers
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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.

 

thank you

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?

 

Regards,

Marty

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