LNC 0.00% 99.5¢ linc energy ltd

Hey everyone,Posted this on T$ as well, but thought I'd see what...

  1. 564 Posts.
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    Hey everyone,

    Posted this on T$ as well, but thought I'd see what the gurus over here at HC thought.

    I'm a bit green to reading chart patterns so - figured I'd throw my thoughts out there and let them be picked apart by the experts :)

    To me, it seems we have a pennant continuation pattern forming and coming to a head with Friday's close. It looks like a break above resistance at 1.82 with strong volume would confirm this pattern, and then it's up and away! If this is the case, the breakout could be as strong as another quick $1.20 rise (the length of the flagpole) to set us at nearly an even $3...

    Thoughts? Criticisms?
 
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