LKE 1.69% 5.8¢ lake resources n.l.

Hi @lloydray, I see bottom support at .07c - .075c at the...

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    Hi @lloydray, I see bottom support at .07c - .075c at the moment. There's a significant amount of empty space from where LKE is to where it can find a base. In addition, there's a large volume to process on the way up. Many holders in at 14-18c will leave at BE while those at in at 30 may take 20-25 and depart with a deep sigh. All that volume has to be eaten up before LKE can start another blue sky run. Good news will likely see a run between 13-18c with a pull back to 16c if the move is to be continued. That's what I am waiting for at the moment. The good news run up sell down with support.

    Cheers, DYOR etc

 
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