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Message: Despite the recent drop - LGDI still on a long term uptrend

Despite the recent drop - LGDI still on a long term uptrend

posted on May 13, 2008 04:51AM

StockProfit.com Small-Cap Highlight: Legend International Holdings, Inc. (OTCBB: LGDI)

StockProfit.com features Legend International Holdings, Inc. (OTCBB: LGDI) as its Small-Cap Highlight for the week of May 12th, 2008

Los Angeles, CA 5/13/2008 03:33 AM GMT (TransWorldNews)

Los Angeles, CA --- May 13th,, 2008 ----Tony Golan, Chief Technical Analyst with StockProfit.com, has featured Legend International Holdings, Inc. (OTCBB: LGDI) as the StockProfit.com Small-Cap Highlight for the week of May 12th, 2008.

According to Mr. Golan, “LGDI is starting a powerful new long-term up-trend. The stock is now making higher highs and higher lows well above a rising 200-day moving average. Relative Strength Differential (RSD), our proprietary indicator for selecting stock in super-strong up-trends, is way above the 25% threshold line, indicating that LGDI is far outperforming the S&P and should therefore remain strong and continue trending higher”.
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