Waiting for the sign of life for LTG

No sign of life for LTG yet as it plunges to 14.68 at the closing. It is moving near the 78.6% Fibonacci Retracement level now but may also visit the 14.02 low last December. What we need to do is to wait for a good candlestick formation once it hits this area.

RSI or Relative Strength Index is now at 14

Caveat!

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felix

A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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