Mark, the Stochastic (Oscillator) is just one of many chart indicators. Its at the top range at the moment, but two or three days in the mid two's will see it consolidate down quickly.
"Overbought" doesnt mean it will drop more .. it has already come back from a high of 3.2 to now be 2.5. So IMO we will start to see it trade normally again from these levels.
I fully expected 2.4 to be a possible low after the recent run, that was hit today. I think the market will accept that & will trade from that as the new base.
LRC Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Held
