GREY:WFREF - Post by User
Post by
can1on Apr 12, 2013 10:51am
331 Views
Post# 21246463
Tough day today....
Tough day today.... Today will be a good test for LRE, TSX down 133 so far. We traded 200,000 shares and sellers/traders are trying to push it below the 4.50 support that is proving to be solid. It went below but buyers came back in. If we can close above 4.50 in this market today, It will be a very positive sign. The next barrier is the 4.60 resistance.
If we can close above that and stay....4.80 happens quick and than $5.00 I think LRE is being positioned for annual meeting in may and next leg up. Hope the markets don't implode!