Louisiana-Pacific Corporation

8 Okt

• Resistance: There is resistance around $109.73 (based on the chart label on the right). The stock is nearing this level, so a breakout above could signal further bullish momentum.
  
• Support: A strong support zone seems to lie between $92 and $96 (from the previous lows in late September)
  
• The stock is in an uptrend with strong momentum but approaching resistance at around $109.73. If it breaks through this level, it could push higher, but if it reverses from here, the lower Bollinger Band could provide support. Given the wide Bollinger Bands and recent volume, volatility is high, which may present opportunities for both bullish and bearish trades depending on market conditions.