You may eventually end up right and the flag will break ton the downside but for now the flag remains intact.
- The bottom of the flag is 18 cents, which is also where we closed today.
- Volume continues to drop as we progress further into the flag (volumes dropping as flags progress is a bullish sign).
- Today was the lowest volume since 15th March (which is actually bullish behaviour within a flag).
As I said, maybe you’ll end up right, but the flag is still intact for now.
LRS chart, page-3560
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 (20min delay)
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Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $657.8M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.0¢ | $985.8K | 4.169M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 920445 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 84781 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
-0.010 ( 5.70 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.5¢ | 23.0¢ | 1414587 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| LRS (ASX) Chart |