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



TSX:LSG.DB - Post by User

Post by LexMark747on Feb 18, 2014 12:02pm
351 Views
Post# 22220264

A Technical Look @ Lake Shore Gold ( LSG )

A Technical Look @ Lake Shore Gold ( LSG )
It's time to take a look @ ( LSG ) realisticaly. Both the price of gold and also LSG is in the overbought territory in relation to the Realitive Strength Index ( RSI ) and also the Ultimate Oscilattor ( ULT ). It would be healthy for Gold and also LSG to have a limited correction here before it moves up and past a dollar. I myself will not be attempting a trade as i have positioned myself to go long. Even though Gold and LSG are over bought does not mean that a correction is imenent. But, the chances are that it will correct. If it does do not loose any sleep over it as it would / should be construed as being healthy. Nothing goes straight up.

Stay Long & Stay Strong With Your LSG.

Mark...................

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