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"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

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L&L Energy, Inc. > The ultimate Rice Bowl...

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Post by chsharpei on Apr 04, 2013 10:56am

The ultimate Rice Bowl...

Are you noticing the progression of lows: 1.51, 1.62, 1.71, 1.80...?next ...perhaps it is the long-awaited basing curve leading to the right side of the bowl. ?

By my calculations it was approximately April 30, 2012 where the basing began.

Sharpei

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Comment by COO2002COO on Apr 04, 2013 11:48am

Sharpei: My observation leads me to believe we are going to retest 1.61 level this time. You may take a look at the weekly chart which indicates a bearish trend has just developed. If the SP continues to drop and stay below MA10, we will see BB lower band to lower and keep (if not pull) the SP down in the near future. Just my 2 cents.

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Comment by chsharpei on Apr 04, 2013 11:54am

Gee, Coo...Thanks? :(

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Comment by COO2002COO on Apr 04, 2013 12:14pm

Well, just some sharing with you guys. I may be too pessimistic or biased b/c I still have not made any buy back of the stock. I was so temped to make a move yesterday but did not buy anything after seeing that the buy sell pattern was not favorable.https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32394034&l=0&r=0&s=LLEN&t=LIST>

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