technicals, page-37

Purav, I have patience. I wait for what I deem low risk entries. I quite often post on some of those entries, and usually the risk is no greater than 3c. If I have not posted my entry at real time, then I never refer to the others because I hate people who give unconfirmed entries with amazing profits. If I have posted an entry, then I also post when I get out...all to be opaque rather than theoretical.
Now you must agree, a 3c risk is not much to loose, considering the lovely swings and ranges that LNC continually has, it is all about patience and picking the eyes out of the market, and good money management.
The 1.26 as stated is pure fibonacci, the 50% . And as it gave us the $3.05 high, then the points of 46c and 2.06 have proved to be important extension points. Its all in the chart above.