LTG has been trading within a thin range since the last week of Sep, around 9.76 – 10.20. The indicators are exhibiting waning bullishness and declining volatility, which explains LTG’s sideways movement. MACD’s histograms decreasing, RSI within buying region but far from the overbought levels, and buying pressure slumping. Overall, given the lack of momentum conviction across indicators in place, it’s likely to see LTG remain range-bound in the near future.
Hold.
Support: 9.76 / 8.88
Resistance: 10.20 / 10.52
