LZB Day Trade Today
LZB Showing weakness after earnings missed targets. It faded hard after hours close to 25.50 pivot I have drawn. Right now its between pivots. The market hasn't opened yet to show the pre-market price action. I would be more interested in shorting it as the catalyst is negative and it has room to fade until 23.15 then 19.66. I would take a position if it gives me a pullback once it gets below 25.50 using my 5 min chart and 1 min chart for entry. If it doesn't break the 25.50 pivot and stays above I would stay away from it. No long position for me as the signals are mainly bearish.
כתב ויתור
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