LOK looksmart limited

johnyohanus predicts $1.20c for lok

  1. 2,032 Posts.
    Yes, Johnyohanus's T/A thoughts do see an approx. Shareprice Value for LOK of $1.20cps shortly. (Based on $0.9210cps for LOOK in the US.)
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    Chart is on it's way up. Look for...
    by: johnyohanus
    Long-Term Sentiment: Strong Buy 09/05/05 07:15 pm
    Msg: 149767 of 149767

    Like I said last week, the stock is on it's way up. Looking at the chart, I noticed some very good signs.

    1. When this stocks moves up, it's on heaver volume causing momentum and CS

    2. When this stocks stays the same, or drops 1 or 2 cents lower, the stock has very low volume.

    3. If any positive news comes out, look for a breakout of 10 - 18 cents higher.

    4. Looking at the RSI and MACD indicators for this stock, it appears the stock is on it's way to $0.845 - $0.921.

    http://stockcharts.com/def/servlet/SC.web?c=LOOK,uu[h,a]daclyyay[pb50!b200][vc60 ][iUb14!La12,26,9]&pref=G
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    I tend to agree with him. Of course, it is all dependent on some positive news being released.

    Looksmart have 'plenty' up their sleeve, but when they decide to release it, is anyone's guess!!!

    Stay tuned!!

    :)
    LC

 
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