Ok, so a couple of things to note. Assaying is completely priced in, even at current valuations; we saw a test of 6.2c, but it rejected LRS harder than my high school crush. The JORC is due sometime Q2, so there will need to be an announcement pertaining to another project for a push. Still oversold and the current trajectory is definitely bearish and I see us heading towards 4.9c soon, with a potential test of the November trend line if that breaks. I think someone before was saying there is very little resistance until 10c; I 100% disagree. Even ignoring any charts, logically, there are a lot of traders who entered and will be looking to dump at breakeven, and there'll be quite a few walls on the way to 10c. You can see already how it struggled with 6.2c res, and that's because there was a lot of buying around this price the time it dipped there on that Friday on the way down from 10c, with many traders expecting a bounce and buying the dip. Now, on the upside, once again there is relatively little resistance until 6.2c, but it needs some strong buying to head in that direction; the doji on the chart here is almost a gravestone and is bearish and may be confirmed by further drops soon. This is all my opinion, happy to be wrong; and please do not smack me with fundamentals as I have not critiqued them here, although I will say please drop the ADN comparisons, they're mining next year and LRS haven't even done feasibility studies. LRS is not MEP; it will not piggyback ADN, although ADN may help bring some attention to this end of the market.
LRS chart, page-1740
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Last
20.3¢ |
Change
0.003(1.25%) |
Mkt cap ! $567.2M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 20.0¢ | $706.5K | 3.509M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 602589 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1965733 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 602589 | 0.200 |
13 | 3830840 | 0.195 |
24 | 2566509 | 0.190 |
13 | 2241145 | 0.185 |
18 | 2917400 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1487644 | 29 |
0.210 | 4032567 | 18 |
0.215 | 3546802 | 13 |
0.220 | 2823167 | 21 |
0.225 | 1840403 | 14 |
Last trade - 13.18pm 11/10/2024 (20 minute delay) ? |
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