LPD Chart & Analysis Thread, page-9

@Reno1 to answer your question on another thread @jaydee74 is suggesting about 4.8c in the near term and i fully endorse that forecast based on fundamentals (IMO that level will be reached in February). LPD would not sign a 25 yr lease for the processing plant if they had any doubt the project was definitely going ahead.

If you don't hold much faith in "candles, cups n handles or intercepting trend lines" then I suppose you won't think much of inverse head and shoulders but this is a textbook case so far, I respect technical analysis as an indicator. And the technical analysis right now is pointing to a big upswing in SP

MACD just crossed up and as soon as the volume ticks up above the daily average it will be on like Donkey Kong IMO






GL