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TOPIC: Lamprell

Lamprell 12 May 2013 17:38 #1

  • remo
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I used to love this share a long time ago. ;)
This has been slowly moving back up since the gap down from 300 to 125. There are a few resistances ahead and this did hit one of them on friday at 168.2. Entry now would be a bit risky as its already broken out on friday and close to a resistance,so best entry would be a back test of 154 now.
This is also above the 200MA so bullish there.
The RSI broke out on friday so adding to the bullishness.
As long as lamprell stays above 135 then it should be on a new uptrend(obviously that figure changes daily) So look to go long at any support levels with tight stops on any pull backs.If that new trend line fails then stay out ;)

support: 154,,135(trend line),,119,,109
resistance: 168.2,,183.7,,204,,215
Heres a far away chart. This shows some of the resistances ahead for lamprell.

close up chart
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Last Edit: 12 May 2013 17:39 by remo.
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Lamprell 10 May 2013 15:32 #2

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Has anyone got any views on Lamprell? It seems to have broken 150 resistance with a bang and on a tear.
Last Edit: 10 May 2013 15:56 by Chonchol. Reason: add chart
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