Thought I'd add a chart in the absence of any others. MNC hasn't broken it's lower trendline. .40 was minor support so not too worried that it broke that yesterday.
For what it's worth this looks like a basic symmetrical triangle pattern, marking a consolidation period after a strong move in the direction of an underlying trend. This will be confirmed (or not!) in the coming week or so with a higher volume day.
These are continuation patterns so I'm loading up now in anticipation of a breakout to the upside. MNC's fundamentals would support my opinion.
But most importantly DYOR, this is my opinion only!
Thought I'd add a chart in the absence of any others. MNC hasn't...
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3183330 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2095077 | 5 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| LCL (ASX) Chart |
Day chart unavailable