LZB Weekly Options Trade Plan 2025-06-17
Join our Discord channel for live trading signals and discussions:
LZB Weekly Analysis Summary (2025-06-17)
Summary of Key Points from Analysis Reports
Technical Analysis
Price Movement: Current price at $38.92, above short-term EMAs but below long-term averages, indicating mixed signals of bullish short-term momentum versus longer-term bearishness. Momentum Indicators: Daily RSI is at 36.63 (oversold), while the 5-minute RSI is neutral at 54.37. The MACD shows bearish momentum on daily timeframes, but the M5 suggests stabilization. Bollinger Bands: Prices are near the lower band on the daily chart, indicating the potential for a short-term bounce or reversal. Market Sentiment