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0.00% 56.5¢ lithium power international limited

Beautiful cup and handle formation on the weekly. If tomorrow...

  1. CharterBoat
    173 Posts.
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    01/03/17
    21:39
    Post #: 23025968
    Beautiful cup and handle formation on the weekly. If tomorrow does not hold 0.420 support it may come down to 0.380. Interestingly RSI is lower on hourly but Money Flow is going higher which indicates accumulation at sub 0.40 levels.

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    Todays daily candle resembles more Bullish Matching Low which is another bullish signal that requires waiting for tomorrow as a confirmation. All in all technically it looks sound considering that XSO is down -0.60% and XEC is down -0.92% we have done extremely well for Wednesday.

    GLA
    LPI Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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