G'day beisha. It's a brave person to be using TA with this market and with this penny stock. That top graph tells me that the market couldn't give a stuff about LKE and that with no news it is just a playground for a disgruntled seller and some accumulators.
NEWS is what can only change the direction of that bottom line in your first graph and the only new thing on the horizon at the moment would be the commencement of drilling at OLAROZ, not real earth shattering stuff there and probably why Steve hasn't wasted any money paying the ASX to announce it. Cash is tight and expensive!!!
Let's see him produce some product, even 1kg, and get it approved by the users and you might then see some real reaction, not just punters punting.
LKE..................Chart thread only, page-553
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Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $73.17M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.4¢ | 4.0¢ | $545.0K | 12.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 455597 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 1136766 | 4 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |