Logitch $LOGI has been on a bullish trend in 2018. However after almost tagging $50, it retreated to about $46.50. But I think there will be another push back to $50, which might break higher. LOGI Daily Chart(click to enlarge)Pullback:- We got a pullback from $50 to $46.50, which tested a previous resistance pivot in June.- Price also tested the 50-day simple moving average (SMA). Price bounced off this SMA last time and appears to be supported by it again.- Finally, the RSI bounced off 40, reflecting maintenance of the prevailing bullish momentum.- I think if price can hold above $46, the pressure is indeed back towards $50 with the prospect of breaking higher. - A break below $46 on the other hand would suggest a significant period of consolidation or bearish correction.- If a long is entered at $47 with a stop at $45.50, the target of $50 provides a reward to risk profile of 2:1.