LNC
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0.00% 99.5¢ linc energy ltd

Hi loryNormally I would also take the tail on the candle as a...

  1. Dazedandconfused
    7,557 Posts.
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    09/05/13
    00:47
    Post #: 11741120
    Hi lory

    Normally I would also take the tail on the candle as a significant positive ... but the high volume bothers me. That low was achieved very early in the day and 80% of the volume occurs afterwards ... which makes me think there were plenty of willing sellers out there. If the price lingers and does not recover I think there could be more where they came from.

    Will just have to wait and see .....
    LNC Price at posting: $1.55 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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