OTCQB:LBSR - Post by User
Post by
david39on Sep 15, 2010 7:25am
171 Views
Post# 17449591
LBSR
LBSRAs expected, the
.08 area provided some support for LBSR but volume remains relatively low so investors should be cautious if they want to enter a position. The last time the price hit this level, people saw the move as oversold and were confident that the price would bounce higher. Since then, people have seen an orderly sell-off and the price just might consolidate around these levels in the near-term. Strong buying and high volume at the open could trigger another buy signal for us.