The funny thing is, when the doc mentioned resistance at 37- 44c a few weeks ago, there was an outcry of disbelief and a publish chart-bashing procession. Now that same resistance looks to be turning into support for the next leg up. Anyone who realised that resistance is not a dirty word and looked deeper into it, may have sold in the high fifties and be buying back at 40 or less for a nice profit.
Taking profits is not greed - it's the purpose of the market whether investing or trading - and it's a whole lot more fun than watching the stock you fell in love with lose 25% of last week's profit. I hope someone on this thread is getting value from the TA pointers. I know I am!
LOM chart, page-15
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Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $20.59M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 7.1¢ | $1.014K | 14.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 161000 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 108501 | 4 |
View Market Depth
| Last trade - 13.39pm 30/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |