LNC 0.00% 99.5¢ linc energy ltd

re: something in the air, page-4

  1. 399 Posts.
    re: something in the air I agree ectoplasm. At 1.64, it has partially closed the gap on 27 Nov to 1.655. A close above 1.605 would be above resistance on my chart (your blue line). A hold anywhere above this level over the next few days would be positive. Its the safer entry and I hope you get on board at some time.

    ADX is starting to reflect the strength of the move, which most indicators suggest has more legs in it. Will need news flow to obtain significant momentum though - asset sale (anytime) or resumption of gas production (targeted for Dec 09). Most short to long term holders are looking for far more than a 10c gain.

    Beeday I suspect you are smiling right now.lol.

    An encouraging end to the year. Lets hope it continues.

    Cheers

    Bleasby.
 
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