Here is an alternative chart with closing prices and shows clear...

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    Here is an alternative chart with closing prices and shows clear trendline breaks and resistance levels.

    Short term traders would have acted on the trendline break on the 4 September, entering on the 7th at a price between 1.42 and 1.50, depending on their order in the buy queue.

    Medium term traders would have acted on on the trendline break on the 16th September, entering the 17th September on the day of the 'big bullish window.'

    Both traders would 'top up' on the break of the resistance $1.75. Break of $1.90 would also be of reason to top up. The more conservative trader may like to place a buy order when these resistance levels are broken in hope that support will be shown again at these levels.

    Supporting this, is the trendline break of the OBV, which again confirms entry from the trendline breaks.

    Adding to the chart, which I thought was interesting is a linear trendline regression calculated from December 2006 till today. Notice how the price has flirted with this line on both sides several times...time for a reversion back to the mean?

    Unfortunately I dont hold. Its hard to sell down other uptrending stocks: CUE, CSV, BUL. CSV may be a short term sell for a short term entry in LNC for me perhaps.

 
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