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Yup, bound to happen since counter is obvious in downtrend plus with gloomy economic news. Reference Fibo ratio 0.618 @ 0.41c.. might see some shake out until 0.385
My opinion, company buy back share does not reflect to any positive side on price. Bcs its internal decision, they can pump and also dump. Ive always take a precautionary action to assess on what base does a company do buy back.
From price action stand point, price are now heading to near weekly support is 39c. From last update, it broke 42c.. will come back and check out if LBS make new bottoming base below 39c Or price holding above 42c
From your experience Chen, most likely it may.. once your case become media news.. hence that time, there will be short trade opportunity. Be as it may, this counter also quite slow..
2 months for 10% on uptrend.. its up to your appetite investing method
