Yeah interesting comment.
I was wondering if you could elaborate on why you see LPD in a bull trap ?
Usually bull traps have very specific trends, a continuation of lower highs and lower lows and so the share price would be showing as being in a bearish trend
LPD on the other hand as I see it, has rallied from about 3 cents to 5.3 cents, 2.3 c gain, so I would expect the share price to fall 50% or thereabout (fibonacci chart) ? of its rally to find its new support level (around 4.2 /4.3c). Which will see an accumulation phase and the share price will move up and away from its support level.
I see this fall in share price as pretty much normal, I believe the share price is still trending bullish for now.
Just my opinion
I hold
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Yeah interesting comment.I was wondering if you could elaborate...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $4.152K | 1.701M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
178 | 203070976 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 109452442 | 61 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
178 | 203070976 | 0.002 |
42 | 163561088 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 109452442 | 61 |
0.004 | 38336890 | 38 |
0.005 | 11336744 | 12 |
0.006 | 9227565 | 15 |
0.007 | 4963896 | 6 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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LPD (ASX) Chart |