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Pastimes : Current Events

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From: The1Stockman7/17/2014 5:07:44 PM
2 Recommendations

Recommended By
Beam
CurveBall86

   of 1811
 
One more thing before I head out, ... LEXVF is showing some strength, its moved up to and above a weekly trend-line with good strength, it might be due to the article from seeking alpha, ... and its also directly below a daily trend-line, another penny, or even less, will put it over the top as the EMA's are all lining up nicely for a breakout, screencast.com , I own a total of 137-K shares at an average price of 0.1045¢ again, so perhaps some of you own some as well.

Below are three charts showing us LEXVF's situation, ... and also, ... regarding MUX, (I am a shareholder and I also trade it regularly), ... its nearing the hourly gap that occurred this past Monday, it can only be seen on an Intra-day hourly chart, its within a few ¢ of the top now, ... from $3.03 to $3.05 and volume on this move up is average, plus, ... you have some serious buying that occurred late on the 9th of July, some might want to exit, its something to keep in mind.

Here is the chart showing the MUX gap, ... screencast.com

Here are the LEXVF charts.

Its curving lower just below its daily upper trend-line, a break above it could give us the 0.14¢ level.



On the Weekly chart above, ... its above both long and short term trend-lines, once again, the 0.14¢ is its next target, followed by the 0.16¢ top, so you can see what could happen if it moves above 0.16¢, a move back to 0.24¢ (2¢ at a time).

Here is the Monthly chart, ... its had 5-positive weeks in a row, both May and June were good months,where it made consecutive bullish DOJI's. Its above both its monthly trend-lines as well. The lower trendline comes off of its (open-close) points, so its making higher lows and higher monthly highs.

Penny stocks are risky and unpredictable, this is not a solicitation, just some TA for those that own it.

I better get going, Take Care.



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