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Gilligan's Island Buy Setup appears for LGO after 42.86% move
LGO closed down 42.86% on Wednesday, October 15th, with volume running 28.5× above average. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Gilligan's Island Buy Setup suggesting upside potential, while Fell Below 20 DMA and Fell Below 50 DMA and Fell Below 200 DMA and New Downtrend and Stochastic Sell Signal and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.18, 0.93 & 0.72, with resistance at 1.64, 1.85 & 2.1.
Current SwingTradeBot Technical Rating of LGO: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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