LRC
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0.00% $3.54 laguna resources nl

Excellent action with LRC today imo.Quite a few stocks off the...

  1. Tibbs
    12,247 Posts.
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    26/10/09
    17:18
    Post #: 5832668
    Excellent action with LRC today imo.

    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
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    lightbulb Created with Sketch.  Great analysis
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