LCL 20.0% 0.8¢ lcl resources limited

updated chart request, page-22

  1. 1,996 Posts.
    Acouch - I like your fork set. I originally abandoned the green fork you had because I couldn't get any exact touches, going instead for a Point of origin on the 50 fib at the gap - but its interesting where price has landed - right at the convergence of all 3 forks. Nice. And I like how the overshoot between your green median line and lower tine overshoot by almost the same amount. I think I'll add your green fork to mine as an alternate argument.

    Being a pitchfork lover, I can't argue with you about the lower tine acting as support - but I would argue that SP would have to first fight support points at the fibs going down - and I'm not convinced that the battle for the 40c is over just yet.

    I also think it highly unlikely that other fundamental buyers would wait for SP to hit 27c before snatching a bargain. I certainly wouldn't. But thats the fundamentalist in me - not the TA.

    Nice chart.



 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
-0.002(20.0%)
Mkt cap ! $7.719M
Open High Low Value Volume
1.0¢ 1.1¢ 0.8¢ $46.23K 4.920M

Buyers (Bids)

No. Vol. Price($)
11 3451302 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 270000 1
View Market Depth
Last trade - 16.10pm 21/10/2024 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.