LUM 0.00% 2.3¢ lumacom limited

technicals if you are long, page-11

  1. 2,833 Posts.
    re: technicals if you are long (chart) i think lum has been manipulated but fri was reaction to the h/y report and update associated with it, the market didnt like it and got sold down significantly as a result. the s/p got way ahead of itself and as such has been on a constant downtrend since the highs of 90c+ .... contracts are taking longer than people are liking and as such they are selling out and moving on to other shares.

    maybe the 4ts billboard will come to fruition, wonder what will happen to the s/p then ....... only time will tell.
 
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