lpd share price, page-2048

I just checked Commsec again.

I think the sell side is getting bigger & the buy side is getting smaller at the same time.

Ohh boy.

I think the day traders will start to panic if all the buyers start drying up.

They might all run for the exit at the same time?

Looking at the chart not only is there a bearish head & shoulder top, a bearish divergence, a gap at 1.8 that needs filling but there's also what looks to be a bearish descending triangle thrown into the mix. Combined with the massive sell side, there looks to be a lot of downward pressure on the SP over the short term.

Monday will be an interesting day of trade.

2.4 cents is the neckline, if it breaks through here we could be facing 1.8 cents head on. Of course markets overshoot all the time, historical long term support sits around 1.5 cents.