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Bullboard - Stock Discussion Forum La Mancha Resources Inc LACHF

GREY:LACHF - Post Discussion

La Mancha Resources Inc > Testing resistance
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Post by Charlie_Chan on Mar 31, 2010 12:22pm

Testing resistance

We are back again to our old nemesis: The $2.00 resistance!

I am feeling a little optimistic that we just may decimate the $2.00 line today as we gravitate to our true value! ($4.00 +)


GLTA
Comment by phstock on Mar 31, 2010 1:35pm
so far today's volume is 368000, 2.5-3 times average volume. I am not a TA person and wondering if resistance is at $2 or $1.98 as per Stock house tech analysis section. Also what it mean by Price pivot $2.At what price and volume it will be consider break out if any. Today I saw some large trade then usual 100-200 and 300 shres trade. Does it mean investors  chewed latest financial ...more  
Comment by dollpartz on Apr 01, 2010 10:14am
I got back in last  couple days cuz I want to be part of the action again (whatever that may be)... Was in originally at .80 range...
Comment by phstock on Apr 01, 2010 11:27am
Good to have you and Charlie_Chan back to this board, wish all other long or regular contributor come back.I wish if we can look and compare LMA v/s JIN, today trading at 5.60. I know Retiring young is or was in JIN also AK27 may shade some light. Haven't heard from Nergy for long timeThanks to Lakeshorelover for TA insight.GLTA
Comment by dollpartz on Apr 01, 2010 11:40am
Thx! I was in JIN too, so I'm part of that club... sold at $3 for a double... now it's painful to look at. :) Also painful because it re-traced huge to $2.50 or even lower, said, 'hey look, buy me! Last chance!' But I didn't because basically I forgot why I bought it in the first place (hopefully I learnt something). I think that's it's in China accounts for it... China ...more  
Comment by phstock on Apr 01, 2010 11:48am
Same here. I share the same pain but I am happy and confident with LMA and also with comparison and understanding strength and weakness of these 2 company we may learn more and hopefully want make same mistake and may come out as winner.