Leisure Acquisition Corp. (NASDAQ:LACQ) Jumped Up 0.2%, But Why?

For its latest trading sesion, Leisure Acquisition Corp. (NASDAQ:LACQ) spiked up by 0.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.0, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.008, an Accumulation/Distribution Index (ADI) of 0.008, an On-Balance Volume (OBV) of 20.86, and a Chaiikin Money Flow (CMF) of -10.42. 1.0

Now let’s plug these indicators in. Consulting Trading View, putting it all together gets the following:

That is what an analysis of technical indicators seems to indicate for Leisure Acquisition Corp. (NASDAQ:LACQ). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.