I've been watching $LIT and honestly, it's one of the few things that didn't completely fold during the recent mess. Everything else got hammered, but $LIT just... stayed put. That sideways action while competitors bled? That's not nothing.
If it holds above the recent low and gets back over the 21-day MA, that's where I'd feel comfortable stepping in. But if the broader market keeps crumbling, I'm eyeing the $2 zone. Sometimes the best move is just waiting for the right price instead of chasing strength too early.
Not saying it's a sure thing — nothing ever is — but relative strength like this tends to mean something when everything else is falling apart.
If it holds above the recent low and gets back over the 21-day MA, that's where I'd feel comfortable stepping in. But if the broader market keeps crumbling, I'm eyeing the $2 zone. Sometimes the best move is just waiting for the right price instead of chasing strength too early.
Not saying it's a sure thing — nothing ever is — but relative strength like this tends to mean something when everything else is falling apart.
