I agree that was the temporary top, but 1.45 seems way too low. I’m guessing you’re basing it on some Fibbonaci retracement percentage, but I think it doesn’t take into account how bullish the sector is.
1.8 could happen, but if so I think it’ll bounce back above 2 easily.
Not that I’m a chartist, but I do know I flipped to other lithium stocks and have saved money so far.
LKE chart, page-1016
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Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 731925 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 760271 | 12 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |