LEL 2.33% 33.0¢ lithium energy limited

LEL's price action at the moment suggest a trend continuation,...

  1. 239 Posts.
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    LEL's price action at the moment suggest a trend continuation, potentially a test of the 100 moving average this week, or into next week.
    The RSI is showing positive momentum, completely un-surprised. I've been calling the price action divergences for months.

    https://hotcopper.com.au/data/attachments/5685/5685156-43dcc6aa995a6a346859ee4746a602e1.jpg

    Price action acted as expected within the FIB, the divergences are EARLY SIGNS of positive price action...
    I can't make this stuff up...

    Both the 100 and 50 moving average show strong resistance, these are levels to keep and eye on. A break of the 100 moving average confirms a break of LEL's current trend. Although I expect it to test the 100, and price action to reverse to 60c.

 
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