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L&L Energy, Inc. LLEN

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."


OTCPK:LLEN - Post by User

Comment by chsharpeion Oct 30, 2012 1:23pm
53 Views
Post# 20540013

RE: RE: RE: RE: RE: RE: RE: RE: Are you watching..

RE: RE: RE: RE: RE: RE: RE: RE: Are you watching..

Okay, got it. I've gone over the numbers again and again. Here's what I see:

1)'The handle represents the final consolidation/pullback before the big breakout and 'can retrace up to 1/3 of the cup's advance'...(https://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont);

2) Fib $1.78*1.382..$2.44.

3) Diff @2.44-1.78=$.66; 1/3* .66 plus $1.78=$2.

4) Dbl bottom Oct 22, 25 $2.00

5) $1.99*1.23 (Fib) 2.4477

Thanks, Coo. I think I will stick to the 1.99/2 bottom. We find out soon enough. Often wrong, but will keep on listening and learning. Trading LLEN has never played according to rules anyway. :)

S.

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