Carlos,
I have been following LCAV since before its listing on the NASDAQ, both as an investor and as a stock market technician.
In the interest of time I am giving the following analysis. In the following days, I will give you my opinion of the potentials of this stock. Would appreciate your opinions of my analysis.
LCA-Visions, Inc. was listed for trading in January 1996, and has seen a price high of $22/share, a price low of $2.00/share. It is currently in an accumulation pattern. In March 97, it btoke out of its trading range @ $3.50/share, and has been in an accelerated upward price trend with increasing volume. This activity culminated in yesterdays activity +7/8 pt. with volume of 120,200 shares.
Todays activity as of 11:36 AM was between $7.00 and $7.625. Very Impressive. But on my next report I would caution any tendancy to chase this issue. It will appreciate to higher prices in the long run, but you might get it at a lower price.
With Regards,
Harry Lowe |
