From the last time I posted on $LRAD, price action has since retraced and later regained its momentum. With more and more orders from domestic and overseas coming in recently, the $LRAD’s technology is being validated continuously.
$LRAD is now my largest position in my portfolio and I’ve no intention to take profit any time soon. I see $LRAD is just getting started.
Below is the daily chart showing the breakout:
Below is the weekly chart showing that today price action is the breakout of a consolidation of over a year since May of last year.
There are three targets to hit after the breakout:
- -Target 1 @ $1.78
- -Target 2 @ $2.12
- -Target 3 @ $3.36
I like to see them all hit before year-end.
My 2 cents.
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