Hi all,
I am not a chartist but I was looking at the current chart formation and it is interesting to note that since the 42 cent top, there seem to be 4 descending wedges that have formed - getting smaller each time and with higher lows for the last two. Apologies not a chartist so can't post up the chart but I think it is fairly apparent using a candle chart or OHLC.
Now descending wedges are actually a bullish formation with potential breakouts to the upside but needing high volume to confirm them and I'm not sure what so many together mean but hopefully some of the announcements mentioned could lead to another push higher and hopefully not another wedge!
LB
Hi all,I am not a chartist but I was looking at the current...
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $8.552M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $2.548K | 699.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1278000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16432650 | 21 |
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| Last trade - 15.10pm 17/09/2024 (20 minute delay) ? |
| LNR (ASX) Chart |