LIO 4.00% 2.4¢ lion energy limited

** 2 cents here we come **, page-12

  1. 15,276 Posts.
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    re: ** 2 cents to sandy Finished on it's highs on Friday...

    This is an important number, so I think there may still be a little selling at this level before it moves ahead.

    I reckon about 40m shares should do it...so if we get another 100m+ volume day, we should easily see 1.5 and 1.6 taken out and maybe even a few licks at 1.7c...and if we get a huge volume day, as I suspect we might, then we may even see a serious push towards 2c.

    Resistance seems to be thinning the higher it goes, which suggests that some of the big buying at lower levels, must have much higher targets.

    As I see it, Friday's action was relatively calm, even though 100m+ still traded...so if this pattern persists, we could easily expect to see 1 or 2 point rises on a daily basis!

    If I had to guess, I would expect it might peak towards the end of next week...but what price is anyones guess!

    Cheers!
 
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(20min delay)
Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $10.48M
Open High Low Value Volume
2.5¢ 2.5¢ 2.4¢ $5.225K 215K

Buyers (Bids)

No. Vol. Price($)
3 192031 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 93924 2
View Market Depth
Last trade - 11.21am 28/08/2024 (20 minute delay) ?
LIO (ASX) Chart
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