Tiger, your balanced views are very much appreciated by me. Your insight is very beneficial. I believe we go up from here as the price has moved to a very dependable position directly under the 100% LRC line and is very low on RSI2. Just my humble opinion of course. Best to you.
At this level, I really have no idea which way the stock will break. It's wavering on it's 50 DMA. It's drops below and snaps right back.
This is the reason I have no position right now.
My gut instinct tells me that we'll see a sharp drop into the low 90's followed by a quick reversal...probably within the same day.
Nothing is wrong with the company except for the stock separated from reality and went from 57 to 131 in a few months. Lindsay is a great company to hold for the future. But everyone wants a better entry point.
One day water will be as scarce as oil. Will it be 5 yrs, 50 yrs or 500 years? I'm in the camp that believes it will be much sooner than later, probably within the next 25 years.