LPN : Day & week charts pointing to 9.2-9.3

LPN has immediate support at 10.20-10.30 – current closing prices, with 10 its next stop. Any bounce from 10.3 will struggle at 10.6 or so, and like a good number of other widely held stocks, the risk here is institutional selling will drive it done quite heavily over the coming 2-3 months, and possibly longer.  LPN has lower support at 9.6-9.7 then 9.3

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: