Kombikarlos, that was my post on 15 March, and confirmed entry the next day. Since breaking $2.20 5/11/10, we have been trading sideways in about an 80c range.
The last 2 rises were of 77 and 79, so allowing for a similar move, I have initial targets of 3.15-3.18, if there is a close above 3.05.
A pull back to confirm the 3.00/3.05 new support would be even more bullish. The opposite as in bearish could occur if overseas events have something not already factored in (black swan, reactor meltdown).
The area above 3.00 has a history of significant moves in a short time frame. Targets: 3.94 is good enough for now after close above 3.19
LNC Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
