Looking at LKE chart for the last 3 months, there is a strong resilience level at around 30c. Also, the volume levels are declining. This looks normal as there is a lack of news lately and investors get impatient.
My question is if this resistance level is broken, could there be a major drop in SP?
I am not much into charts, however, there are probably certain paters which can offer some predictability and can be a useful tool. If someone can offer their view, it will be appreciated.
In the end, it does not matter much as in the long run the SP will be governed by other progressions. Should the price fall it would be an opportunity to top up.
Looking at LKE chart for the last 3 months, there is a strong...
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Last
6.7¢ |
Change
0.001(0.76%) |
Mkt cap ! $110.3M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.8¢ | 6.6¢ | $94.57K | 1.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 1126798 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 530410 | 10 |
View Market Depth
| Last trade - 12.46pm 22/05/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
0.001 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 6.8¢ | 6.6¢ | 303115 | ||
| Last updated 13.06pm 22/05/2024 ? | |||||
| LKE (ASX) Chart |