LRS 6.67% 16.0¢ latin resources limited

LRS chart, page-2830

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    https://hotcopper.com.au/data/attachments/4167/4167136-f1e87d3de62ead859b1f36d8fb56280d.jpg
    WEEKLY CHART LRS

    5 ema cross 20sma ( blue arrow ) happened this week , next week we could see the 5ema cross the 30/50ema too which would be very bullish.

    RSI 14 indicator is getting above 50 which is positive and we have some higher lows occurring.

    https://hotcopper.com.au/data/attachments/4167/4167164-a13644ea97a74cd4d005accde61ccbea.jpg
    Has the DOW found a bottom at 32286 ?

    If so, then that would be handy when salinas lithium results get released.

    https://hotcopper.com.au/data/attachments/4167/4167169-5ed08a7e995e79c761b163a61cb857fe.jpg

    Global X still hasnt found a bottom yet, ....i suspect if the current level 38 fib doesnt hold then the 50 fib support 57, should be the last drop......RSI 14 is getting into over sold territory well and truly,

    Overall, amongst a very volatile MACRO back drop, LRS has held up well and is now looking to thrive with upcoming FA results not far away.........you would have to be bonkers to have thoughts of selling when LRS is primed for a leg up with all those amazing visual cores we have observed lately.....wink.png

    Exciting times.

    imo

    Last edited by beisha: 12/03/22
 
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