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small-cap

One NASDAQ: Listed Financial Stock at Resistance Level: LX Technology Inc

Nov 08, 2024 | Team Kalkine
One NASDAQ: Listed Financial Stock at Resistance Level: LX Technology Inc
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LX:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

LX Technology Inc

Company Overview: LX Technology Inc. (NASDAQ: LX) is China-based e-vapor company. The Company is engaged in the activities in the e-vapor industry, from scientific research, technology and product development, supply chain management, to offline distribution. The Company provides closed-system rechargeable e-vapor products with various value-added features.

As per our previous US Daily Report published on ‘LX’ on 07th October 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 3.60 based on price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis and the stock price has now moved by ~8.61% since then.

Noted below are the details of support and resistance levels provided in our previous report:

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