LNC 0.00% 99.5¢ linc energy ltd

selling pressure may be spent soon, page-5

  1. 2,480 Posts.
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    "March report that is due", yeah much later this month.

    Market traditionally sells down before easter hols, next week reporting season in the states, and am expecting a rebound there.

    LNC with the 4 instos lending and shorting whilst the market awaits some positive developments here all makes for much of price not being reliable guide. Falling knife lagging direction clearly. Double wammy at the moment with the current correction in the general market.

    Sit and wait for better direction. Could even retreat to 101.5. Definately not a good chart trending down still.
 
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