LGL 2.52% $1.43 lynch group holdings limited

lgl technicals , page-14

  1. 2,005 Posts.
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    I think that was a risky but good call.

    Charts are telling me that this likely to be the bottom, although conf is required.

    I use RSI, Slow Stoch, sometimes Fast Stoch, CCI, DMI and of cours the MACD.

    I always look at hour, 5 min, 1 min etc before placing as trade.

    The weekly is not convincing (remember course time frame so not as sensitive), but the daily shows oversold Stoch, DMI heading towards a crossover, RSI has turned, but CCI inderminate, and MACD likewise, ecause it is a slower indicator.

    I think you made the right call, weekly suggests possible downside, but on the daily, hourly it looks good. Lets hope that Weekly adjusts.
 
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