I agree there is blue sky potential once it breaks 17c convincingly.
However, the chart also shows LEG has been recovering from its bottom in June last year.
This uptrend is supported by increasing volume, esp after Dec 2003
So far, it has almost gone up 10 times its bottom of 1.6c.
From 15c today to the resistance of 17c is a modest profit of 13% but if you have bought around 13c (which it has been mucking around there for the last couple of weeks), the profit is a respectable 30%.
I repeat that I agree 17c is a critical resistance level but why wait?
With hindsight, should have bought around 5c when the recovery uptrend was established.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.89M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 262495 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 391729 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 262495 | 0.011 |
7 | 760909 | 0.010 |
6 | 1746771 | 0.009 |
4 | 2870000 | 0.008 |
6 | 8671428 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 391729 | 3 |
0.013 | 718504 | 5 |
0.014 | 321699 | 1 |
0.015 | 66600 | 1 |
0.016 | 120000 | 2 |
Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
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LEG (ASX) Chart |
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