Quite a few stocks off the boil after Friday nights drop in the DOW .... so if it was to fall further, today was the day. But it held nice & solid, with the buy side coming back to 2.5.
This has pretty much been a text book 50% retrace. The consolidation at 2 cents ... then the quick jump to close on 3 cents ... now a retrace and consolidation at 2.5 cents.
IMO this is pretty good buying or toping up for news to come.
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LRC Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held