Hi @Telluride - I went to a weekly chart on LCD to have a really...

  1. 9,235 Posts.
    lightbulb Created with Sketch. 802
    Hi @Telluride - I went to a weekly chart on LCD to have a really good look and it could be at a bit of a crossroads. On a daily chart it is not overbought as yet and a few days back bounced off the 200 ema so it appears to be quite a good uptrend so far.

    I have to go back to the weekly though as it shows just where I'm a little bearish on it - as I've noted on the chart - 25 is a big level with a fair bit of history but as they say "resistance is there to be broken".

    https://hotcopper.com.au/data/attachments/2256/2256440-21f30db25e1172e9fd141c8db4100f91.jpg

    And just for a daily perspective even if there is a pullback the underlying trend appears fairly well intact so far.

    https://hotcopper.com.au/data/attachments/2256/2256445-74e8f8cf97f066dc837a814e1167abcc.jpg


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.