Tuesday, May 27, 2014

LTG rising up again

Is it too early to say that LTG share price is rising again?  Just today, May 28, 2014, LTG rose up by 1.85%.  Recall that for several days in the past, LTG is suffering price declines.

Now the question is .. Is this a real bounce or a fake bounce? Will the price continue to increase?

The current price is near the lowest points of the previous months graph. Is this what they call support?

I have no proof at hand but my speculation points that the price will increase again. This is just a guess.!


By the way, there's a decrease in Double Dragon price today.  After hitting the 10 peso mark, DD is back to 9.70.  This corresponds to 3% decrease.  If I'm a holder, I will be more worried whether to buy or hold my DD stocks.

Other noticeable gainers for today are Puregold (PGOLD) and Emperador Inc. (EMP).
Is this what they call technical rebound as both stocks were in consecutively red last week?

Happy investing and trading everyone!

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