Some time ago Fat Harry noted that the chart was forming a pennant or "triangle" pattern. Price movement and volume was declining. So he bought some LCT at about 8.5c and waited.
Sure enough, yesterday the price broke up above the pattern.
Fat Harry was very pleased and headed off for his Friday night steak and red wine pie.
He thinks there may be some news about to emerge next week.
The Cat
breakout
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 (20min delay)
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $16.87M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.3¢ | 1.0¢ | $372.1K | 31.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3270828 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1370000 | 6 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| 1AI (ASX) Chart |