Every time the chart indicates a pattern or a breakout LDX pulls back or changes direction.
We all know LDX is undervalued after the last announcement and can see the trajectory of the company being super positive, but it appears the market has other ideas.
Daily macd shows negative sentiment. News from the quarterly might change it, but it's looking like trading back in the support/resistance zone of 6.2c-7.3c if it doesn't bounce from around this 7.3c back to 8c+ soon.
I will probably sell other stocks and top up if it does dip back to the 6c range. Time will tell.
Still a super positive start to the year for Lumos announcement wise. Like all, we just would like the SP to reflect the fundamentals.
GLTAH
LDX Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
