Showing posts with label LCTH. Show all posts
Showing posts with label LCTH. Show all posts

Sunday, November 8, 2015

LCTH in Ascending Channel ...Pt 2




LCTH is moving along slowly in an Ascending Channel chart pattern. It shows a continuation uptrend in progress with prices showing higher highs and higher lows. 







Teaser: Could this example be the chart of LCTH in the future ? We hope so.


Take note that LCTH is "expected" to announce their quarterly results this week, on Nov 13th, this Friday (AMC - after market close) - I based this date on the last 3 years 2012-2014 where quarter results were released on Nov 14th and in second week of November.  

IF the results are good, I hope LCTH can breakout from this current channel (red arrow, see diagram above).

Disclaimer: I currently do not hold any LCTH stock but could initiate a position next week. This is my personal view and I could be wrong on the outcome. Trade at your own risk!

Monday, October 19, 2015

LCTH - Cup and Handle Pattern














LCTH on cup and handle pattern, this morning at 10.45 am just broken out of the 70c resistance ...looking at the pattern ... LCTH "might" go 80c ++ if market is still ok. Trade at own risk.