GHT - I try not to read reasoning into any events if possible
The market will do what the market will do. Same with LGL.
I look at the chart, using end-of-day data, and study the candles and the chart patterns, and look at only 3 or 4 indicators.
Then it tells me what the stock IS doing - not what I or anyone else thinks the stock SHOULD be doing.
I'll wait and see if LGL holds the support level, and more importantly, bounces off it into a new definite uptrend.
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ping lockitt, page-68
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