TSX:LSG.DB - Post by User
Post by
LexMark747on Jan 17, 2014 4:08pm
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Post# 22105847
A Technical Look @ LSG
A Technical Look @ LSGLake Shore Gold chart is the epitimy of being perfect.
It started with an inverted head and shoulders formation, came back and tested the right shoulder, took a run at the 200 DMA, corrected and then advanced into a trading channel which has just broken above the upside of the channel.
The stock is moving aggresively higher with speed and poise. At some point in time we must expect a pull back. The trend is your friend and as i type that trend with LSG is up. Major support now sits @ 062.5.
Below is an updated chart on LSG. Be sure to scroll all the way down to get by the advertisement.
Stay Long ..... Mark 