LSA 0.00% 8.0¢ lachlan star limited

LSA CHARTING THREAD.........TA ONLY, page-410

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    Yesterday I thought 3.8c was possible because I saw it a the next support, by the centre line of rising green channel. 3.6c was the next level down from there (orange line of previous top) and the Fib 78.6% retracement level from the top. As it turned out 3.6c was today's low and 3.8c was the close. The resulting CS could be seen as a bullish Hammer reversal pattern, which needs bullish confirmation Monday.
    So after this sharp correction, IMCO there is hope that the SP should reverse here! Following is my daily chart ...
    https://hotcopper.com.au/data/attachments/3369/3369659-98d313a43ab143e96d6153f855c6674d.jpg

 
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