World events are testing all equitiy sectors at the moment, and have an effect on any future direction. Black swans, Greece, US$ debt increase agreed with US Senate, QE2, etc
That said, chart enterpretation:
After breaks of support lines, more often than not, a retest of that line occurs to confirm the new trend, and thus a new resistance point; or find if it was a fakeout. On this basis, a retest of about $2.87 would not surprise. Its what happens at that point that will give direction.
LNC Price at posting:
$2.82 Sentiment: Buy Disclosure: Held
