Forget the Technical Analysis for now.... Keep in mind just 3 weeks ago @Stage-2-uptrade was calling for new lows when the stock was trading @ $5.69 based on TA alone....... We're up nearly 30% since then!
Todays gap up most likely to do with the 10+ unannounced new stores Lovisa are adding to the US market, effectively doubling their US store count. New states, Texas and Florida as well as additional stores in California. The market is now starting to get confident about a wider US rollout and pricing this in.
LOV TA, page-81
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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 |