LOGI is trading at 109.57 within a Stage 2 advancing trend, holding above a rising 30-week moving average while sitting about 12 percent below its 52-week high. The market’s focus is on a 20-week cup base with a 25.8 percent depth and a pivot at 124.62, which has yet to see a breakout and shows no volume dry-up or VCP contraction sequence. Sentiment is constructive but unconfirmed, with the trend template passing 5 of 8 checks as price works toward the pivot.
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