LEVI: Resistance Turned Support, A New Long Opportunity?

By Tim Knight of Slope Of Hope

Saturday, April 6, 2024 1:10 AM EST

person using MacBook Pro on table

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Levi’s blasted over its resistance trendline earlier this week, then promptly fell back down. However, the line is support now, not resistance, so perhaps this is a fresh opportunity to go long LEVI.

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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