LNC 0.00% 99.5¢ linc energy ltd

postlap, when LNC gaps up, look for the direction in the first...

  1. 2,480 Posts.
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    postlap, when LNC gaps up, look for the direction in the first 10 minutes. You are right in that when LNC gaps up, it usually retraces to within 1c of the breakout, but its that first 5-10 minutes of trading that give the direction. This trade should usually be completed by lunch time.

    Good volume today on strong upside movement from very oversold.
 
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