Stock Chart Analysis LFL

Posted by downtowntrader | 7/15/2007 07:10:00 PM | 0 comments »

Stock Chart Analysis LFL

Lan Airlines S.A. (ADR) (Public, NYSE:LFL)

LFL seems to be moving in slow motion, as it moves away from the large triangle base. It is setting up in another triangle and could be close to breaking out. It is trading in some narrow range candles near the 20 day sma and it could serve as a launching pad for a rally. This is a tricky stock to trade because of the low volume, but it has been trading fairly steadily recently.

Good Trading,


for more analysis, check out