Here is the TA indications received from hourly chart:
LBT - 1 Hour Chart
After final sell down today/tomorrow ; 55c could become ongoing support for ST-MT due to a golden cross on moving averages. RSI on hourly is no more in overbought territory.
Second last volume bar was the supply after 3 PM and most probably from T+2 Holders or profit takers (I assume), who most likely to come back today.
However, It has also built a Bullish flag on hourly, which if breaks out on volume can bring target of $1.20 in play. But could take few days/week rather in a day or two. Well if we lucky, could be sooner too
Remember MC of RAP, EDE, AJX all of them generating no revenue but traded over $300m just on back of future potential & future earning from their innovative product.
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