Hi R.
Love your enthusiasm and dtermination. You rarely let one slip by you. Don't think for a moment your posts go umappreciated. Other supporters too!
Good sign we broke even today.
Hope LSE crushes tonight...sooner we can get accumulating instos to support rather than suppress...sooner this will hit a decent support line ...everybody's happy.
See LSE as leading this run...together with LH awareness and new entrants that cat distinguish what's holding SP back. Can't see instos not being overwhelmed this time....lead up time to ann gives everyone (know LTs are already clued up...thinking more about the ST/DT and new entrants) a chance to sit back and think about why SP has been traveling in such a narrow range for so long.
Way I'm reading this period in the 88e journey (and it seems to be the prevailing sentiment amongst the LT and MT holders) is we're building up steam...seems reasonably clear we're seeing a chart with sustained higher closes and a nice upward scallop (saucer) pattern forming on recent price action/chart (yes... it could well lead to a cup and handle formation(a mug isn't the greatest pictorial representation!)...but too soon to say with confidence re cup I think...would love to see a handle just after the ann but!!!!
Overall...main indicators seem set for a breakout from where I'm sitting...but always happy to hear contra views (sensible ones not downramping BS please...tends to clog the thread).
Go LSE and GLTAH old and new.
ASX Today, page-255
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $15.57K | 7.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 101 | 156421343 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 573323665 | 175 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |