Stock analysis Lmw Limited LMW
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Technical analysis forecast for Lmw Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Lmw Limited LMW at this time. Stock is falling and might fall more.
It appears as if Lmw Limited LMW gave a large move recently.
Stock of Lmw Limited (LMW) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Lmw Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Lmw Limited stays below 15514.4, but if it comes above 15514.4, then a intra day buy could be more profitable.
If you take a sell trade below 15514.4, then use 15514.4 as stoploss and 14913.9 as target. However if you take a buy trade in Lmw Limited, then use 15514.4 as stoploss and 16014.82 as target.
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