TSX:LSG.DB - Post by User
Post by
LexMark747on Jul 14, 2015 3:48pm
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Post# 23923258
A Technical Look @ LSG
A Technical Look @ LSGPlease copy and paste the following link to you browser .... https://stockcharts.com/h-sc/ui?s=LSG.TO&p=D&b=5&g=0&id=p61696817305&a=415926944&listNum=1 ....... Three times $1.16 was met by major resistance. The third attempt to break through resistance was successful as per chart. At that point resistance then becomes major support which has also been also been tested three times and has held up so far. It's my opinion that major support at $1.16 has to hold up. If breached by more than a couple of pennies there could be further down side to LSG. It would be nice if LSG could get back into it's uptrend trading channel as per chart also. This is only my opinion. Take if for what you think it's worth. Any constructive criticism would be more than welcome and also appreciated. I'm long and strong, Mark.