We reported on LL on July 19 when it had its pocket pivot. Since then, it had a buyable gap up on strong earnings on July 24, then undercut the low by 1.34% which was not enough to warrant a sell as it is generally good to allow most BGU stocks to undercut their lows by 1-2%, and maybe even as much as 3% if the stock is particularly volatile or if the stock gapped up after coming straight up from its bottom.
BGU - LL doing fine
|Published:||31 Jul 2013 15:19 ET|
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