L&L Energy, Inc. LLEN

Cup and Handle?

[kdiddy78]

Let me preface this by saying I know very little about techs aside from what yall have talked about on this board. I research terms and try to learn...

Could we break out soon to the upside? Investopedia says the right side of cup is low volume...which it was except for the earnings spike

https://stockcharts.com/h-sc/ui?c=LLEN,uu[h,a]daclyyay[pb50!b200!f][vc60][iue12,26,9!lc20]

[lutherpstr]

This post has been removed in accordance with Community Policy

[COO2002COO]

I think the handle is too low and distort the cup-and-handle formation.

[barsolid]

Welll, we got back to 1.85, but this sure is one ugly handle.  Unless it smooths out significantlly we should expect to re-test the lower BBand one more time.  glta

[lutherpstr]

This post has been removed in accordance with Community Policy

[COO2002COO]

Free float of share price in these 2 days as the market maker, imo, wants to test the support & resistance level. Once they see the buying strength is gone, a retest of the lower BBand, like what you expect, will occur. Probably re-test will commence in the 3rd or 4th trading day next week, the latest.

[brotherM1]

The sparks out its #$%& are waning.

[barsolid]

Hey DC, it isn't that bad.  At least you are off the bottom at 1.30.  Really 1.85 is a lot better than 1.30 and it has also been quite a while since that bottom was put in.  The longer we stay at these levels the stronger they become.  Sorry I missed so badly with the bowl timing back when, but I had no idea these guys would perform as badly as they did.  Hang in there

[cybertron8]

bar...what gold/silver miner is that? and  symbol?

[chsharpei]

Kdiddy: You had a good grasp of the technicals on March 25.  Yup...enough with the bottom! Congrats. Sharpei