LPN : Consider entry at 8.8-8.9

We suspect LPN will rebound to 10 or so, but for the next few days there is certainly risk of 8.80-8.90, and at such rates it’s worth a punt. A stop at     8.50-8.55 seems appropriate.

The stock does however have very tough resistance from its closing price at 9.20 to 9.40, so the preference is certainly to buy on a brief dip due to market jitters re high oil prices etc.

 

 

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