TSX:LSG.DB - Post by User
Post by
LexMark747on Aug 14, 2014 2:49pm
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Post# 22843001
This is only an expected correction.
This is only an expected correction.
User avatar LexMark747 2.5 stars User Actions August 08, 2014 - 05:14 PM 328 Reads | Post# 22824088 Rate this post 2.5 stars v A Pull Back Is Now Iminent For what its worth here is my 2 cents. The MACD and also the RSI are both showing a negative divergence. The candle stick for today ended up as a ( Falling Star ) The falling star suggests a change in direction ..... I'm expecting a pull back to at least the 50 DMA which sits at $1.05 today. each day it will climb. So no one get excited here as this correction is very normal. We have had a good run....it's time for a healthy correction.......so as I have said before just lean back and rest your head on a cloud.....don't panic and sell. That was my blog on August 08th. On August the 09 I also blogged on my selling price and my buy back price. My bid is a nickel above the 50DMA. Major support does sit at 1.00. Don't get excited .... this is a healthy correction. Stay long and strong ... Mark