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#1
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Lng
has been beat down since back in april and started to build a base about mid july. had a HUGE day today with lots of volume that took it over its 50 sma may be something to watch for follow through tomorrow if it can get through the 5 dollar mark which might serve as a little resistance.
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#2
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another good day today after some profit taking yesterday. pushed it back over the 50 sma and one more good day will push the MACD over 0 which would be the first time since back in mid nov. might be worth keeping an eye on
Last edited by legion3pm; 08-13-2008 at 08:31 PM. |
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#3
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This looks like a short squeeze.
I can't find any significant news that would push this stock up with that force. The company bleeds cash and earnings looked like a lot of nothing, although I didn't look that closely. Short squeezes are tricky as hell sometimes. They can last days or seconds. If you're in, just be very careful. If you're looking to buy, do it on a limit order. Throwing down a market order just as it's squeezing can get you hit at a much much higher price than you clicked on. Trust me... lol Usually after the squeeze runs it's course, the price goes back to average. If you see any news I'm missing, let me know. |
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#4
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ive not bought any yet im still watching to see what it will do. thought i would post it to see what you all thought about it.
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