LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

LCTC has basically been in a sideways trading range between $4.00-$6.00 for over a year. Typically a break in either direction on good volume that occurs after a tight trading range for over a year will lead to a significant move. I believe that the break will occur to the upside but if our seller is not done, it can happen to the downside. I also believe the downside risk is $3.50-$3.25. If a break to the upside were to occur, we should at least see $8.00-$12.00 or a double from the current trading levels. We will most likely need a significant news release and/or insider buying to fuel a move to the upside. The longer it continues to trade in a sideways range the more severe the break in one direction will be. We are due for this break. We are due for a significant news release. We are due for a stellar earnings report and we are due for higher stock prices.