It's obvious that LNC is in a trending mode (down unfortunately) so it's of no use to attach indicators such as Chaikin or the normal stochastic or RSI, they'll stay down for a while yet..
What is interesting (and LNC is not alone) is the above average vols. at the turning points - worth keeping an eye on if a holder is thinking of selling and a buyer is looking for an entry. I always like those long upper shadows near the bottom as well.
Just my thoughts - I haven't traded LNC for a while now but it could get tempting.
It's obvious that LNC is in a trending mode (down unfortunately)...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)