Descending Triangle (Continuation) on LCAV
Posted on March 30th, 2007 by TraderX
After making two reaction lows, LCA-Vision (NAS:LCAV) is moving toward the lower horizontal line to retest support at $41/share. In today’s trading session we should watch to see if the stock moves below this level, on increased selling pressure. If this occurs, LCAV may be an excellent intraday or short-term shorting opportunity.
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Filed under: Stocks, Technical Research, Time To Sell