LCS Golf (LCSG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : LCS Golf (LCSG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: scouser who wrote (367)	3/6/1999 2:57:00 PM
From: Alex SvS	Read Replies (1) of 626

Thanks a lot Scouser. I've got some amateur T/A I'd like to share. If you go to bigcharts, or any other 3 month chart, the stock looks like it has been building a very sold base between .75 and $1 for the last 2+ months. The stock occillates back and forth in that range. If it kept to that pattern, we would have topped out at about one and crept down to the low .80's, but the stock tore through that resistance very convincingly Friday, closing at $1.21. It is my understanding that the old resistance should now serve as support. Anyone have thoughts on: 1) Next resistance level? My guess $1.50 What kind of volume we'll need to bust though? My guess: We'll need 800,000 to 1 million + shares next week. What needs to happen to retest and pierce old highs near $1.75? My guess: 1.3-1.5 million shares and news. Does anyone's T/A tell them where this recent up move is headed ultimately? Me: No guess. Alex

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next