LRS chart, page-7060

As I said I only really look at hourly charts for entry and exits with spec stocks, but thought I would have a gander.
Yes good news about the MA's, but not quite crossed enough for me. Ask yourself if you were a short term trader and you were the type that used MA's as your primary indictor would you class it as a cross? I don't think you would. That's not a dig either so don't be offended just chatting it out.
For me, and looking at chart below, there are two factors that concern me: A double top and the potential of a head & shoulders forming. Both of these could mean more downside movement. If it is the latter, and using the height of the pattern of the h & S then that could give me the retest of my upper downtrend line on my daily that I mentioned in my post regarding the daily chart yesterday. That would, to me, be a great sign if we were then to bounce nicely off it ! If it was the fore though ie dbl top then I could see us dropping to circa 20....again lol.
Lets see what happens.