LNC 0.00% 99.5¢ linc energy ltd

50% retracement...

  1. 862 Posts.
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    From a TA perspective, LNC completed a 50% retracement from the 52c October '12 low to the recent $3.05 high on March 11 when it reached an intraday $1.795c low this afternoon. Could this signal a bottom in the stock after the recent carnage??
 
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Currently unlisted public company.

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