LNC 0.00% 99.5¢ linc energy ltd

technicals, page-2

  1. 12,414 Posts.
    Hi Lory,

    Absolutely a screaming buy LNC over the past few days.. yesterday the longer lower wicks were suggesting solid support at around the $1.70 mark.

    Here is my chart. IMHO I think we will see a deal confirmed in the coming weeks, with that volume significant!

    A close of $1.88 was exactly what I was after, as it was above the previous resistance @ $1.855. We might see slight resistance the $2.00 mark, though I think we will finally see this smashed by end of week..



    Cheers
    Kevi
 
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