Kevo88
It’s a very risky spot in the chart to take a short position.They would of taken yesterday’s short at .039 and a lot of buyers will know this I would say that’s why .038 is filling up because if this starts going up they will have to scramble back in to lower their loses thus pushing up the buy price. They could very easily get locked in at this stage.
I short stocks and I would not want to be in the position they are in now.
Downward trend? LPD is still trading inside the upper and lower upward trend line.
It will need to break .034 pretty hard to move into a downward trend. We a currently in a pullback and to me it looks finished.
IMO
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.643K | 547.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 15693155 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 57409718 | 60 |
View Market Depth
| Last trade - 10.04am 28/08/2024 (20 minute delay) ? |
| LPD (ASX) Chart |