LPD 50.0% 0.3¢ lepidico ltd

lpd share price, page-3489

  1. 2,016 Posts.
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    Well well well. 1.6c close as predicted, back to retest support.

    Now the fun starts. Buyers need to step up over the following weeks as maintaining 1.6c support is ideal and 1.5c critical.

    From a glass half full perspective LPD could be at or very near to a reversal level here. Hopefully the bleeding is coming to an end and a new bull trend can be formed.

    I no longer have a bearish outlook, now neutral as the downtrend isn't broken yet but there's a real possibility here as bottom pickers could start showing interest. Still waiting, watching closely.

    Good luck.
    Last edited by Jasox: 12/11/19
 
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