My calculated breakout buying price is @20.03.
However, RSI is relatively weaker vs price with bearish RSI divergence which are bugging me so I am keeping a tight trailing stop for the meantime. Long white candlestick accompanied by huge volume suggests a short term overly bullish sentiment.
My initial entry is @19.22(1) but I decided to sell 60% of the position(2) that resulted -0.06% of capital as the price of LC that day looked pretty attractive.
Position is now up by 4.65% from adjusted entry price.
Looking closer at the 5-minute chart:
MACD bullish divergence was seen on the 5-minute chart but the price reversed only after RSI divergence.
Crazy juice flowing on the weekly charts:
Pullback after breakout(red circle) from symmetrical triangle pattern with (+/-) 22 as target.
RSI historical resistance 86.
It took 14 weeks to resume its uptrend after breaking out which is kinda hard to time. lol.
Maybe I can (much later on)when I get better in trading.
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