Jun. 30 at 4:45 PM
$LCTX Over the last 90 days, LCTX has been locked in a tight range setup with a distinct technical floor:
The
$1.20 Support Base: Throughout April and May, the stock repeatedly tested an identified support floor near
$1.20 to
$1.23. Deep dip-buying has reliably stepped in every time the stock reached these lows.
Resistance Ceiling: The stock has faced a near-term ceiling at
$1.37, which it touched earlier today. A sustained volume push past this point could trigger a "bull flag" breakout toward its 52-week high of
$2.09.
Current Status: LCTX is currently showing a slow, steady grind higher from its late-spring lows. It is forming higher structural lows, making it look much healthier technically than it did a month ago.
