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Re: powderless post# 919

Wednesday, 01/30/2008 6:36:13 AM

Wednesday, January 30, 2008 6:36:13 AM

Post# of 1900
LVLT Chart

not looking too bad here, but I don't get the warm fuzzies when I look at the chart. Many indicators are looking top heavy and yesterdays candle being above the upper bollinger make me want to say that its more likely to pull back a bit rather than continue. Also notice that the Full STO is beginning to level off and a bit on the high side. It's going to come up against past resistance at 3.57 then have to contend with the MA100 at 3.62. I could be 100% wrong as I've not followed it and haven't dug into it but I would use caution and take any profit if I had any in it, JMO.




A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
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