TSX:LSG.DB - Post by User
Comment by
ub40ehon Aug 08, 2014 7:53pm
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RE:A Pull Back Is Now Iminent
RE:A Pull Back Is Now IminentLex, I believe you're right.....the MACD and the RSI are both showing a negative divergence. I thought so at $1.28 and took a little profit off the table. I've always acknowledged that you can't pick the peaks and the valleys so it was to no surprize when it went to touch the ceiling of $1.40 and now regrouping. I think your mention of $1.05 might be a smidge low. (I think the next low will be to retest $1.20) I will be happy to re-enter at $1.23 for the next swing North....... I've been having fun with 20,000 shares of "Trading Shares" while the bulk of my holdings are happily riding our way back to the $3-$4 dollar area....... in the mean time, play with the waves. nothing wrong with making a little extra while we watch the bulk grow :) UB