Hi Putt,
My view has been pretty clear from the start. LNC is in a very strong downtrend, and any relief rallies will quickly be sold into. Sellers are fully in control and this downtrend IMO does not seem to be reversing any time soon. I would be wise and stay away from Lnc for sometime, unless I see the trend reversing which IMO should be around $1. I see this selloff accelerating anytime soon.
Cheers,
technicals, page-3
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