Looking at the chart: there is nothing unusual about this pullback. LAC stock has been going up since hitting $19 in early January. Plus recent SP  jump with good news, placed all chart indicators in the overbought territory.  So  SP needs to satisfy the chart’s god and pull back a bit.  Also, traders are taking profit and I am sure helping this correction.

 Presently, SP is trying to bounce of 200MA at $24.49 and if this will not hold the next support will be  $23.20 ,  still regardless of this pullback – the overall direction of the stock will be up.

 Let’s face it: LAC become just about risk-free investment and as more investors realize this, the share price will go up with increased volume.

  Ofcause recession and Bear market conditions slow down the SP advance but LAC at this point  is no brainer.

The Recession will be over at some point.

The only concern in my mind is the political situation in Europe. I hope there is someone left there with diplomacy skills to stop the war or they will push us into WW3.  They have been looking for a “Reset”.

 So, as long as there is Peace in the World we will benefit from our LAC investment in many years to come.

  All Ahead.