LKE 1.69% 5.8¢ lake resources n.l.

And still the price stalls. In contrast, I have a positive...

  1. 76 Posts.
    lightbulb Created with Sketch. 18
    And still the price stalls. In contrast, I have a positive momentum cross - first in 4 months of any significance - four months of things to cool off, four months for SP to settle or fail. I had seen 7c as the possible base/ test for this stock. However, the MOM cross (if it holds) is showing a base range of 10-12.5c is possible. Probable another 3-4 weeks of accumulation head. Money flow remains very weak and over sold, accompanied by a slight uptick in positive volume. Long term oscillation shows confluence with momentum indicating possible positive change ahead. That said, my waiting for entry remains the same. The SP has reached a point of volatility with 7c the base and 16-18.5 the initial test zone looking at 14.5 as interim support before making the real move. There remains significant overhang on LKE, which must be churned through for blue sky move.

    DYOR etc...
    LKE MOM Cross.png
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
-0.001(1.69%)
Mkt cap ! $96.23M
Open High Low Value Volume
5.9¢ 6.0¢ 5.7¢ $273.4K 4.689M

Buyers (Bids)

No. Vol. Price($)
3 1049999 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 15000 1
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
5.9¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
5.9¢ 6.0¢ 5.7¢ 1666393
Last updated 15.59pm 02/05/2024 ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.