The model identifies LIN (Industrial Gas) as displaying a bullish breakout configuration, currently classified at active-late stage. This classification is based on the model's interpretation of EMA trend structure and Fibonacci execution levels.
Based on delayed data, the model reads the underlying at $424.54, placing it at the 36.5% level in the upper retracement (0.236-0.500) zone (model range: $388.99 to $486.45), The model's Fibonacci execution zone spans $411.99 to $437.72, with the entry midpoint at $424.86., The EMA structure shows bullish alignment (EMA20 > EMA50 > EMA100) (20-period: $423.53, 50-period: $419.41, 100-period: $416.71), which the model interprets as bullish trend structure.
The model classifies this setup at late-stage status approaching the model's target zone near $451.65. This indicates the model interprets market pricing as having caught up (premium ratio > 0.35 per strategy model), and the model is evaluating mechanical exit conditions including profit-taking at the defined Fibonacci target.
Model invalidation would occur if price breaks below $411.99, which the model would interpret as the breakout having failed. Per the model's strategy rules, exit logic includes both invalidation-based exits and time-based exits (if price fails to reach the halfway point within the defined bar window). The call premium represents the model's total hypothetical maximum risk.