LLL 0.00% 50.5¢ leo lithium limited

Charts, page-912

  1. 2,607 Posts.
    lightbulb Created with Sketch. 1895
    Hi @manny100 ... couldn't agree more re: observation of Oscillators showing multiple divergences(fulfilled or unfulfilled) on the way up in a strong market ... i.e. Use their TL supports whilst they are above the 50% marks(particularly those considered as leaders and not laggers ... e.g. RSI).

    Many TA tools are 'calling' for at the very least a short-term pullback(consolidation) from near here(for one example see my previous post here. Then we have your posting but also the attached chart... an A.P. Chart with attached RSI/SSTO. Last two days SP action has bumped up against the OT of our Bull A.P. and both these day's have two long-wicked candle patterns indicating a bit of selling. So, coming from that (AP)resistance I guess it would not surprise(me) to see some consolidation come in. Equally, as I pointed out in my last posting, the upside looks very much unfinished in the larger degree move. Hence, I agree, any pullback should be short-lived.

    LLL_APFibs_Dly_110723.gif
    LLL_SstoRSI_110723_Dly.gif
 
watchlist Created with Sketch. Add LLL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.