LNC linc energy ltd
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$2 is no far , page-15

  1. Speculator106
    381 Posts.
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    09/05/13
    14:11
    Post #: 11743710
    Well it can, but it won't. Cause in order to cross the upper bollinger band it needs to cross the middle one first, which is forming resistance around $1.85-$1.90. The SP will hit this level and go down again. Unless there is any positive announcement which is highly unlikely you see the SP consolidating between $1.50 - $1.80 mark IMO. Looks like I am giving you guys a crash course in Bollinger Bands...



    Always DYOR before acting on my comments. Its your money afterall..
    LNC Price at posting: $1.67 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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