LNC
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0.00% 99.5¢ linc energy ltd

bearish breakout of the descending triangle... not a good look...

  1. sohoisnotforsale
    6,296 Posts.
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    28/08/13
    15:56
    Post #: 12256099
    bearish breakout of the descending triangle... not a good look IMO, although the 45MAV is there for some possible support...

    possible dip to the $1.25 area IMO...

    if its good enough it will push higher after the dip, and if it can get that magic cross of the 45 and 195, then look out...

    LNC Price at posting: $1.53 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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