LCY 0.00% 1.3¢ legacy iron ore limited

Ann: Mount Bevan JORC resource nearly tripled , page-28

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  1. 3,290 Posts.
    "Is anyone as optimistic as me and see this touching a dollar within 6 months?"



    I wish I had 10 cents for everytime I've read that on these forums. In this market look to a month. Any longer and maybe a big wave is just around the corner to shatter your dreams.

    Great ann. Gap filled. You might see mid 20s long before 1 month. But first that resistance at 19 has to be broken. That's the top of the gap from the 21st. Major resistance.

    Also anyone selling today on seeing that resistance tested and unbroken is following a very valid strategy. The only reason you wouldn't take the top of the gap into consideration is if you were a long term buy and hold type. But I bet you took the gap into consideration on the way down.
 
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