We are testing the very bottom of the channel again (as we did previously between the 4th - 10th August). On that occassion we bounced off the support at 3.7.
If there is a positive, it is that today's trading ended up with a dragon fly Doji (circled in red) on the chart, possibly indicating a reversal of the downtrend, but tomorrow's trading will be needed to confirm one way or the other.
If 3.7 breaks tomorrow then we are likely going down towards 3.2 / 3.3, while a close at 4.1 or higher tomorrow likely reaffirms the support at 3.7 and we continue on until the Cloud 9 news drops.
LRS chart, page-2668
-
- There are more pages in this discussion • 4,574 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.8¢ |
Change
-0.013(7.35%) |
Mkt cap ! $447.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 15.5¢ | $2.293M | 14.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 2569889 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 1335516 | 26 |
View Market Depth
| Last trade - 11.08am 18/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |