I think everyone is seeing the same ascending wedge pattern playing out.
My 2 cents; volume isn't there yet for a breakout. There looks to be a lot of volume at 3, 2.9 and 2.8 on the buy side. Not sure how real those orders are. May be spoofs to entice buyers to lift the ask.
LPD announced a number of upcoming milestones for mid-August & September in the last quarterly activities statement. These might be good catalysts for a break-out. Will need to wait and see.
lpd share price, page-14538
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $1.222K | 419.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 87 | 66118162 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 87136493 | 42 |
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| Last trade - 12.10pm 10/10/2024 (20 minute delay) ? |
| LPD (ASX) Chart |