LNC 0.00% 99.5¢ linc energy ltd

accumulation???, page-27

  1. 337 Posts.
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    Tetlom,

    I think the sell down, profit take, may be over as indicated by the furious selling at the death.
    Not sure how last sale was 2.43, but auction sales were 1.40. My understanding is auction takes place at last sale price.

    Thinking accumulation might resume tomorrow by the same sell down instigator(s). See HFT suggestions above.

    Maybe back to sililar trend of slight jump on open, retrace a couple of cents down from open price, then up.
    Would not be surprised to see it test the same resistence as today, seeing as it has tested previous low.

    Again, am no technical analyst or charter. Just watching what is happening. Am holding now for JV and drill announces.

    Please don't take anything I have said as investment advice and always DYOR.

    Cheers
 
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