yesterday sell off was expected, now time to play the bounce. look at CW*N bounce after huge drop even with bad news/rumor goin on about the company. Actually I don't really care about the fundamental, I only play with TA and I think LKEN will bounce for sure especially after huge drop like this, at least once! before it continue the downtrend. it might be tomorrow or friday. so Good luck guys.
It held support at 0075 on the daily. Hopefully we hold here and consolidate. If that doesn't happen, I'm looking for a bounce off the 50 day moving avg of 006 on the 60min.