After hitting a new high of $LIT 4.92 today, it got slammed back to 4.61. This is a shakeout after the breakout, not a top. Any pullback is basically giving away money. In spot, a 3-hour selloff created a net outflow of 33.76 million, digging a pit; within 15 minutes, 404,000 flowed back in, and large players front-ran with 290,000 — the money has come back to the bottom of the pit. At 4.61, don’t wait for a pullback; go long directly. First target: 4.92. Stop loss: 4.2.
