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Recently, I have been paying attention to the trend of LUNC and discovered an interesting technical signal. If today’s closing price can stay above the 5045 level, it means that the long-standing wedge pattern has finally been confirmed to break out, which is an important moment for Terra Classic.
I have mentioned multiple times before about this 3.5-year wedge consolidation zone, and I have been waiting for this confirmation moment. Once the breakout is confirmed, the first target could be around the 8200 level, and this upward potential is quite significant. So today’s closing price becomes especially critical.
LUNC news has indeed been brewing some action in recent days. Everyone should pay close attention to today’s performance to see if this long-term technical pattern breakout can really be confirmed.