$LITE is picking up strong buying momentum after a solid rebound, great chance to jump into a long position here.
Entry: 880.00 – 905.00
TPs: 930.00 | 960.00 | 995.00
SL: Below 850.00
Why Long?
LITE is moving sharply upward after bouncing off the 832.98 low, currently trading around 900.76. The MACD lines are expanding nicely in positive territory with solid green bars growing, and the hourly RSI sits at 88.9, showing that buyers are heavily in control and pushing toward a test of the 929.35 local resistance peak.
Entry: 880.00 – 905.00
TPs: 930.00 | 960.00 | 995.00
SL: Below 850.00
Why Long?
LITE is moving sharply upward after bouncing off the 832.98 low, currently trading around 900.76. The MACD lines are expanding nicely in positive territory with solid green bars growing, and the hourly RSI sits at 88.9, showing that buyers are heavily in control and pushing toward a test of the 929.35 local resistance peak.
