LNC 0.00% 99.5¢ linc energy ltd

chart, page-10

  1. 2,480 Posts.
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    Like the above posters, I also noted the 61.8% fib as a possible support zone. The 350dma also is around the current mark.

    Yesterday also gave a possible support line at its low of 1.48. Support line is from 22 Feb and 8 April, so there is some confluence in this particular zone which could support yesterdays lows.

    There is a couple of lower gaps at 1.42 and 1.295, and horizontal support at 1.32

    I have Friday noted down as a possible change date to be watching, these dates have been a very good indicator since December, and when they do link with a particular share, can give good guides for extended periods. February was the only month when it was a day off.
 
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