LNC 0.00% 99.5¢ linc energy ltd

$2 is no far , page-139

  1. 381 Posts.
    I have said it in the past and will say it again. The 50 day SMA is 5c away from crossing the 100 day SMA downwards, which forms a "death cross". Its not a good sign. Moreover by end of today the Candlestick that I see forming is the "Bearish Engulfing" which means the Sellers are completely in control which they have been for the last 2 weeks.



    This is just my opinion, not advice.
 
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