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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?


To: Harry W. Lowe who wrote (274)4/18/1998 5:23:00 AM
From: jaison  Read Replies (1) | Respond to of 942
 
Everyone, check the full text box for a look at LCAV. More people are talking about it away from this thread than on it. Looks to go on the upside again on Monday! Wish more people contributed to the thread because I think this Stock has some real upside potential, near term, and long.



To: Harry W. Lowe who wrote (274)4/19/1998 12:50:00 PM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 942
 
3.875 on the way down. i used it to exercise 20 april 10$ call options on IMNR. check out that chart if you would and e-mail me your comments. huge cup and handle for 2years with near perfect reverse head and shoulders just ended. not much fundamentals but something big is about to break there.

i have my buy backs staggered in and i am out of here for the next several days[r&r]

good luck to all[ old and new] sure seems like we have sparked some interest, i mean it has only been 500% #@&%#@*

ar.



To: Harry W. Lowe who wrote (274)4/22/1998 2:24:00 PM
From: Harry W. Lowe  Read Replies (2) | Respond to of 942
 
To All,

LCAV is going through the necessary price pull back from the recent high price. At this time (3:00 PM EDT) the price high was $3.875; low $3.125; current $3 9/32; volume 439,400 shares. Short term technical analysis (TA) are in a sell configuration, intermediate and long term TA's buy-hold. Profit taking after an explosive breakout is good as it gives the stock a "pause to refresh".

The price pattern is forming an indecision flag which should be positive for a continued upside price movement. The recent price activity has successfully penetrated the overhead resistance at $4.25 (July-October '97'). The next upside price projections are $5.125 (5/21-22/97 high) and $6.25 (5/1/97 high).

The current Fibonacci retracement is 0.53. Price recovery from this low is a wave 2 projection 0f $5.25. However, if today's low continues to drop this projection will change. Example, if the price drops to $2.625 (Fibonnaci 0.618) and an upside projection of $5.75.

This is all theoretical of course and is made on the assumption that
LCAV will continue its upward trend. The key here is the volume which
should relatively low on pull backs and high with upward price movement.

For the present if you haven't sold on a short term trade basis, hold your long positions for the expected upside recovery.

Harry