LRS chart, page-7196

Just a chart showing each of the phases we've been in since the top at 43 cents. It's been a longer term down trend, obviously (black lines).

5 x since July there have been 'sharp drops' and 4 x buyers have stepped in ' Rebound fails'.

The first 3x rebound fails were relatively short (1-2 weeks from top to bottom before they failed and next sharp drop started).

The 4th rebound fail had more purpose and managed to last for 1 month until roughly 2nd Jan before the 5th sharp drop happened

The current rebound has lasted ~6 weeks which makes it look more of a chance to break the overall downtrend. Also, the shape of this rebound looks a lot more measured and well supported than the prior 4 which looked like sharp pumps that couldn't be sustained.

This week will be fairly crucial given every trader will know we are sitting right on that upper downtrend line. 22 cents is also the price that options exercise at (from 2022 cap raise) and it was also previous support back around Sept - Nov and has recently become a strong resistance area. So for multiple reasons, 22 cents is an important area - therefore to break higher should be perceived as an important event. Similarly, another failure at this level will be important too.