LOK looksmart limited

lok up 7.20% - still cheap!!, page-2

  1. 2,032 Posts.
    And a chartists thoughts, from elsewhere .......

    He says:

    "I think we will bounce off $5.90 first, probably tonight (perhaps only intraday), with a move to $6.70-$6.80 not far in front of us.

    Conservatively (with no big news) I think we will trade in a range between 5.05 and 6.80ish for around 3 months or so with 5.90 eventually developing as support, and probably a final bounce off 5.90 propelling us to $10.

    If we get any upside surprise news wise, we could go to $10 much quicker.

    Either way, after $10, I see it bouncing off $14. Beyond that if we ever break $24 I will be buying big time. But it will take a hell of good run to get there".

    That sounds OK to me!! The other thought is, LOOK may have to release a "positive" (tonight) to support the rise in SP value.... MMmm??

    What do you think cefa or, garrry? Any thoughts?

    :)
    LC
 
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