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LTON ? breakout

 
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russjackel



Joined: 16 Sep 2005
Posts: 59
Location: niantic ct

PostPosted: Mon Apr 03, 2006 10:09 pm    Post subject: LTON ? breakout Reply with quote

LTON breakout and up over 10% today. thinking of going long tomorrow if opens up at maybe 7.40 7.50 range and with target of 9+ and a stop at 7. any thoughts or opinions. thanks
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Tue Apr 04, 2006 10:05 am    Post subject: LTON Reply with quote

The gap up from the doji makes this a very strong signal. Today it has been trading above the 50 day moving average. Would anticipate the first target to fill the gap at the $8.45 level and then possibly test the 200 day moving average at the nine dollar level.
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