LCY
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7.69% 1.2¢ legacy iron ore limited

Did we put in a low at .105 today?I hope so. I've got the...

  1. nikk0
    5,893 Posts.
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    07/06/11
    14:09
    Post #: 8508384
    Did we put in a low at .105 today?

    I hope so. I've got the Stochastic indicator oversold and turning back up on three different timeframes - Daily, one hour and 5 ticks.

    With that in mind i'm in at .11 for a short term trade with an initial target of .14

    (there's a gap at .13 which should get filled fairly quickly)

    It's early on but DOW futures are positive and after 4 straight down days perhaps a small bounce is in order.
    LCY Price at posting: 11.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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