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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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $927.3K | 5.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 523134 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1447065 | 20 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |