Technically, I think we are getting close to the bottom being put in.
Iam still looking for 24c to be reached in the coming days, with stochastics bouncing along in oversold territory and the RSI heading into oversold, sub 30 today. Also this doesn't predicated a turning point and the reality is we could see prices at these levels for the near term, it does suggest that we are getting pretty close to an inflection point.
It will be interesting to see what the coming days bring for LPI.
LPI Price at posting:
25.0¢ Sentiment: None Disclosure: Not Held
