Technical analysis by IQ-TRADER about Symbol LINA: Buy recommendation (6/4/2024)

- The falling resistance from Ath could not be broken, let's see what will happen if he tries again. - A bowl target may follow the upward break. - A stop is required if it sags below the top band of the bowl. - YTD. Good luck...Transaction active:Comment: -Bear formation with the rising support downbreak we drew in the shaded area was triggered and the price, which experienced a big decline, fell below the shaded area but rebounded. He gathered it up and threw it up. - I present you the support resistances within the shaded area in the short 4s chart. - This area needs to break up for healthy big increases. - If the desired breakthrough comes, we will renew the idea again. - If it sags under the band again, alt will direct towards the supports, be careful. Comment: He threw a needle at the top of the newly formed Falling Wedge formation and retreated back to the starting point. Rising white or the last Alpha Trend blue that I threw into the squeeze area Unless it breaks down, we can say the direction is up. If the decline breaks upwards and there is a successful retest, the formation target will be taken. The probability will increase even more. YTD...