I was referring to the RMO indicator i use on Metastock. It really is a composite based on trend and vol. It gave its first bulliish signal since it went bearish in August.
i do not place a huge store in tech indicators for stocks like LRL until they get consistent vol-but that may be happening.
The key to LRL is that the $ is safe-for now at least-and a lot of time,effort and some money has been spent establishing a beachhead in China.What also must be considered is tghis is not a tyre kicker co and the deal will be a real mine real prod etc etc.
LRL Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held