I was recently stopped out of LOV around $10.80. Just as well I got out because the chart has continued to deteriorate. The ST multiple moving averages have already crossed down below the LT averages. LOV appears to be going through a stage 3 distribution. Price today hit a new low ($9.51) in the current retracement. This represents the most significant trend change since mid 2017.
130-day (26-week) EMA now at $10.32.
200-day EMA (40-week) now at $9.55.
Once price falls below the 200-day EMA, all bets are off. When and if any stocks from my portfolio gaps down below the 200-day EMA, I immediately exit the trade at market.
PD: ALU_ALX_APT_APX_BAP_BPT_BVS_EHL_NEA_SIQ
LOV TA, page-16
Add LOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$34.95 |
Change
-0.930(2.59%) |
Mkt cap ! $3.869B | |||
| Open | High | Low | Value | Volume |
| $36.36 | $36.47 | $34.83 | $7.752M | 219.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48 | $34.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.10 | 582 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| LOV (ASX) Chart |