LNC
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0.00% 99.5¢ linc energy ltd

Hi Lory,IMO we are soon going to witness a bounce to test that...

  1. Speculator106
    381 Posts.
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    12/06/13
    13:33
    Post #: 11876384
    Hi Lory,

    IMO we are soon going to witness a bounce to test that 200 day SMA which should act as a resistance from now on. But atleast it will be a good trading opp from $1.255 to around a $1.40 ish. Meanwhile the 50day SMA is already on its way down towards the 200 day which would therafter push the SP down below current levels.

    This is my opinion not advice.

    LNC Price at posting: $1.26 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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