LRS 2.50% 19.5¢ latin resources limited

Unfortunately I tend to trade and buy long term based on...

  1. 8,285 Posts.
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    Unfortunately I tend to trade and buy long term based on technicals.

    And as @dawgfather pointed out there is a gap at 9.2c

    Note as we are trading at or over 10c the fibs are only showing in .5c intervals.

    Im starting to think the gap will likely fill and probably best it does.

    It can be onwards and upwards then.

    However the Li sector.has run hard the last couple of weeks so a retrace to 9c is on the cards.

    Whats .1 of a cent when you can trade in .5c pips over 10c!!

    It why buying under 10c is easy, and clearing 12c convincingly is hard. A quick 10 - 20% keeps the pressure on the SP.

    First Target after gap fill now 14.5c IMO

    GLTAH

    https://hotcopper.com.au/data/attachments/4588/4588665-e940ddb309b91de44b5c9e82e7ba3ead.jpg
 
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