LOT 3.16% 46.0¢ lotus resources limited

Lovely looking chart here on the weekly with a nice trend...

  1. 473 Posts.
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    Lovely looking chart here on the weekly with a nice trend providing some nice easy trades each week with support mostly off the 9 ema as it rises. The price is sitting nicely between the upper Bollinger band and 9 ema with any wick outside being sold down to the 9 or 13 ema providing great entry points along the way. Any of the larger corrections are finding support on the 65 ema (grey) with the exception of the one from 46c - 16c which is likely a Wave 2 IMO.

    I think this trend is only just getting starting and once it reaches the 62% fib at 41c, if it can penetrate this with some conviction and move beyond the previous high of 46c I think things could get very interesting here quite quickly.

    LOT Weekly
    https://hotcopper.com.au/data/attachments/5895/5895963-47666ea1192024698229d4822f13ccd1.jpg

    Weekly Zoomed into box
    https://hotcopper.com.au/data/attachments/5895/5895966-fcbefb58486a873c1d31d98a7cc249f2.jpg
 
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Last
46.0¢
Change
-0.015(3.16%)
Mkt cap ! $842.3M
Open High Low Value Volume
46.5¢ 47.0¢ 45.5¢ $1.128M 2.448M

Buyers (Bids)

No. Vol. Price($)
5 141546 45.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.0¢ 209413 4
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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
45.8¢
  Change
-0.015 ( 2.74 %)
Open High Low Volume
46.5¢ 46.8¢ 45.5¢ 1237213
Last updated 15.59pm 08/05/2024 ?
LOT (ASX) Chart
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