TSX:LSG.DB - Post by User
Comment by
jimylegson Jun 24, 2015 11:58am
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Post# 23863713
RE:What's the deal?
RE:What's the deal?sure i'll take a stab. In December the shares traded for under .80 vs. todays 1.27 It's not unusual as people trade their positions to see this kind of "back filling" on a stock whose trend has been one way. I haven't paid too much attention to the volume, but when i have looked the shares seem to drift lower on smaller than average volume until they find their next level of support at which time heavy volume takes them higher. To me this is quite healthy. I'm not a technical chart, fibonacci, bollinger band, elliot wave theory watcher so maybe someone else can help with support and resistance levels. I'm in it until gold turns the corner (should that ever happen) when i believe shareholders will be rewarded nicely. good luck.