InvestorsHub Logo
Replies to #3168 on LEVEL 3 (LVLT)
icon url

romuluss

06/05/11 2:54 PM

#3169 RE: bleu22 #3168

Bleu22,

So far; 3 times we touched the 2.14 level and bounced off nicely
in a terrible market sentiment. From a pure technical analysis
this is becoming a strong support level. Even though we are overbought; strong stocks can remain overbought for a long time.
Whatch for the trend line from 1.6 - 1.83 - 2.12, as long as this hold we are off to the races and a new uptrend to start.