Precision tailored I think is most accurate.
I think you are right on with your revised channel. That channel is providing very clear intra-day trading opportunities of circa 10% for those swing traders that recognise it.
MACD yet to cross up on the daily as your chart shows.
Admittedly I missed a pretty obvious signal, but today LU7 peaked & was knocked back from top of bollies at 0.06 on the daily & closed at original breakout support level of 0.054. Provided the channel holds, 0.054 should continue act as support also supported by the 20EMA.
As usual, Friday & traders made decision to exit, but uptrend should continue imo. Have a top weekend all.
Precision tailored I think is most accurate. I think you are...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.720M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $10.51K | 809.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1978259 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 555565 | 3 |
View Market Depth
| Last trade - 10.26am 26/08/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |