Sentiment drives stock prices. At the momemt it is in the reverse gear. An American passenger is telling a Chinese driver to let him drive it before a nasty crash happens. Can the American take the steering wheel and drive forward?
Got in yesterday, I think it's day have come. The 3 months of shakeout and consolidation have frustrated many traders. Should be a gradual run up from now if global markets are steady with no further shocks
I think is good time to cum the share.. as company fundamental no change.. The only change is retailer Fear sentiment.. and it has retraced back to 100% fibonacci retracement
DJ and Euro stock lead the rebound. Lets hope they sustain till closing. If they do, get ready for a posittive swing to Wednesday price. Volatility is constant.
In my opinion lcth made some very technical positive chart movement up to last Monday 18 Jan. A combo of market and correction took precedence. A collection may ensued
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Posted by 2centsense > 2016-01-07 21:47 | Report Abuse
by 'here' means in the news....