By gee, you were quick to notice m8. I wondered if anyone would. There is nothing conclusive yet from the source that we have spoken about in previous posts, however, I do believe what I said in the banter between Nightstalker and myself that LGL would not break the bottom trend line of what I was calling a "bull flag". I know that that was stretching it a bit by calling it a "bull flag" and, I highly respect Nightstalkers opinion, and I thought he had me there a couple of times, and he may well still be right as I do not think the game is over yet. A couple of days up is hardly conclusive. It needs to breakout through the top line to make me happy, and that is a fair way off. Having said all of that I still think LGL is going up so I jumped in for 20,000 at the open a $2.63. The beauty of the stockmarket with a share like LGL is that they are so liquid that if I am wrong then I can just sell again. If I cop a small loss, well as Ned Kelly said "Such is life". I was hoping for more confirmation from overseas but it just does not seem to be willing to set up properly.
Good luck GHT
Kind regards
Lockitt
LGL Price at posting:
$2.70 Sentiment: Buy Disclosure: Held
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