LCL 0.00% 0.9¢ lcl resources limited

The fact that the price has risen on massive volumes last couple...

  1. 3,690 Posts.
    lightbulb Created with Sketch. 1523
    The fact that the price has risen on massive volumes last couple of weeks and churned through stale holders would lend itself to the more positive outcome.

    Setting up some consolidation for next leg up.
    Also a pullback from overbought conditions is normal.
    Was way above upper bollingers and RSI was well overbought.

    Rerate underway and with the positive commercial backdrop all sorted for us to move forward, it's just a matter of vectoring in on the engine of all the mineralisation.

    All normal on a stock going places.
 
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