Based on what, Jamie?
Of course, you are perfectly entitled to your opinions, and I respect that right. But I also have the right to disagree.
Why would a single up day/green candle be the start of something big? ALL trends have up AND down days. Currently, LGL is in an established (but weak) downtrend, so it will have lower lows AND lower highs. In other words, of course there will be some highs as the trend oscillates gently downwards... ;)
Now you may be perfectly correct, as LGL turns on a dime and starts to head rapidly northwards, but I'd be interested in hearing what you actually base this prediction on, other than pure hope?
Obviously, time will tell, and one of us will be right. At least my guesstimates are based on charting and TA, rather than hope and optimism.... If mine turn out to be wrong, I'll be the first to admit it and buy back into LGL.
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Based on what, Jamie?Of course, you are perfectly entitled to...
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