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LQR ACCUMULATION

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BATS:LQR   LQR House Inc.
LQR 1D
LQR HOUSE appears to be an Accumulation!

Higher Low (HL) after Higher Low.
Lowe High after Lower High forcing price into a triangle that could potentially breakout between April-May

$1 is very Important level, and we really want it to hold for higher probability of breakout from the down-sloping resistance!

As of this year nothing has changed of any significance with the price of LQR.
It has just been ranging/consolidating between $3.50-$1.00

#LQR
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It appears there was a 1/60 Reverse Split in Nov., Price was .82 cents.

For Every 1000 shares you would now own 16.667.
Adjusted Price would be $49.20/Share
This marked the bottom of LQR
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There was a 3/2 Split on March 4
Which marked the last Lower High.
Going with previous calculations(for every 1000 shares you would have 16.7 Shares)
With the 3/2* split you would have 25 Shares for Every 1000 shares you had before last year, at an Adjusted Price of $32.80
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(After a 3-for-2 stock split, you'll have three shares for every two shares you used to own.

The company will increase its share count by half, and its share price should correspondingly decline by approximately one-third.
The market value of your holding therefore remains more-or-less the same.)
#LQR
Bình luận:
This target of $32.80 is in AMAZING Confluence with the Golden Pocket (.618-.65) Fibonacci Retracement
And this is our Target 🎯 for 2024 on LQR!
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