This day's chart is quite interesting - drawing a line relative to highs and a reciprocal line for the same day's lows and it forms a perfect triangle - technically indicative of a sharp price move (either up or down)... Upward trend in place since May 10th with RSI @ 35.75 - if it breaks that level it's off to the races... Was a nice day for this stock - hopefully LNCO will also follow suit...
Fundamentals will ultimately drive this stock higher as will many future deals with the LNCO vehicle and C-corps.
Technicals are a joke I could write this stuff: the rhombus like parallelogram with a triangle top indicates that there will be a sharp move but we don't know which way. Completely silly of course the stock is going to move up or down at some point....??? Maybe you should cover yourself even more and say: the stock may also move sideways due to the slight half moon curvature of the price movement.