LPD 0.00% 0.2¢ lepidico ltd

Below is an update of the chart I did last time I got tagged -...

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    Below is an update of the chart I did last time I got tagged - as you can see its just fallen out of the ascending broadening wedge and has fallen below the 15 bar moving average ( bearish signals ) it seems to have found some support at the 38 % Fib retracement .

    Ideally you would like to see it head north from here and get back above that 15 EMA ( purple line ) and back above the lower wedge trend line - if that doesn't happen soon its likely to fall down towards the 50% Fib line and fill the gap .

    cheers h00t

    lpd.png
 
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