LPD 0.00% 0.2¢ lepidico ltd

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  1. R08
    7,852 Posts.
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    So….we have broken and held above long term resistence at 2.9 = good.

    Next two days pivotal. The emergence of a gravestone doji suggests we could yet see a slight pullback or sideways movement for a little longer. Hope to be wrong, but my preference is always sustained SP appreciation rather than a straight line up - as they generally will reverse just as hard the other way when the music stops.

    Mon/Tues to confirm if we push on to the next res line at 3.4 or settle at these levels for a while longer until more news comes to hand.
    Last edited by R08: 24/07/22
 
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