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LMG potential breakout

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LMG Chemicals Corporation LMG on a potential breakout from sideways consolidation (measured breakout TP=6.35).

LMG breakdown

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LMG Chemicals Corporation LMG breakdown was bound to happen after the distribution activity. Prior warning pattern became more significant after it was followed by a few reversal patterns and its failure to create new highs. *Its now back to the previous breakout point. Previous analysis: https://www.facebook.com/PSETrends/photos/a.1312337302188343.1073741833.765291220226290/1312337535521653/?type=3&theater