LNC has a very prominent pattern in it's trading; a few very strong days pushing up followed by several consolidating usually around the 50%/62.8% retrace. What I look for is signs of strength in the buying volume as well as low volume when the stock comes off. I haven't been able to spot any weakness and the uptrend looks intact so i'm expecting another swing upwards to approx 320c very shortly before another pullback.
Disclosure: bought in this morning
Cheers
LNC Price at posting:
$2.73 Sentiment: ST Buy Disclosure: Held
