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Tuesday 12 March 2013

LTNC looking to run after breakout!!

LTNC broke out on the alert and has consolidated the last two days.
 
Looking at the hourly chart we find what is considered a highly reliable reversal candlestick pattern in the three white soldiers.
 
Example
 
With the indicators also suggesting a turn upward in price, LTNC should see another breakout here tomorrow!!!
 
That being said, if  you have not taken a position already or even if you have, though this candle pattern has a high percentage reversal rate we still are looking for a confirmation on the open.
With the hourly chart we want the first hour of trading to close with a white candle which means no lower than .71 or a gap up on the open  may serve as confirmation.
Be carefull on the gap senario.
 
 
Here's the chart!
 
60min.
 


Sunday 10 March 2013

New Alert and Next Winner is $LTNC !!!

Looking at LTNC we are very confident in an upward breakout here!
Just check out this share structure!!!

Shares Outstanding 18,557,000 a/o Feb 13, 2013
Float 2,405,500 a/o Feb 13, 2013
Authorized Shares 75,000,000 a/o Mar 31, 2012

With the staffing industry and need for it on the rise LTNC (Labour SMART inc.) is definitely looking poised to move big here!
Recent news from 08/03/13 shows LTNC reporting a 115% increase in revs. for the month of Feb and 34% over Jan. this year!!!
LTNC, a growing Co. with growing revenues in an expanding market!
Breakout expected!

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