cant work it out, page-19

I have to admit, it also has me baffled. The stock has very nice uptrend followed by a sharp downtrend for some reason. It also shows signs of being oversold and there could be several reasons for the downtrend.

1. The market appears optimistic and are cashing out for blue chip riser's.

2. Current lack of buyer commitment, while the market is trading on lower volumes and therefore less players.

3. Or something you guys have missed from the latest announcements that the market has picked up on.

Judging from the chart LEG should not fall below 16.5c and over the next several days should see the price up to 20c is my opinion. I also think with the price of gold falling overnight and the rising aussie dollar is affecting the share price in the miners. Once the All Ords begin to fall starting from today investors will looking at miners and oilers again..