LHG unknown

for the brave..

  1. Dodoni
    32 Posts.
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    02/02/04
    14:01
    Post #: 372314
    We feel that LHG has bottomed. Todays trading action vastly looks like an exhaustion move. The volume spike on Friday is a fair indication Lihir is searching for a bottom accompanied with oversold technical oscilators. With gold firming on the $400/oz level we have taken a position in LHGXDC with stops at $1.22/23. Cheers.
    LHG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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