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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB



TSX:LSG.DB - Post by User

Post by BradsMyNameon Sep 05, 2013 6:05pm
298 Views
Post# 21721383

Technicaly Speaking

Technicaly SpeakingLake Shore Gold  ....... 20 DMA ..... 0.49 ...... Close 0.50

                                     50 DMA ..... 0.40


Gold ..... 20 DMA .....$1,372.00 ...... Close ..... $1,371.00

               50 DMA .....$1,318.00 ......

The price of gold is pretty much on its 20 day moving average.

Lake Shore Gold is also sitting just above it's 20 day moving average.

If this support does not hold  then the 50 DMA becomes strong support.

My feeling is that the 50 DMA will hold up  both The Gold price and also LSG if it even gets there.  Hopefully the 20 DMA holds for both.








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