LSA 12.9% 6.1¢ lachlan star limited

Here is my LSA daily chart update. Yes there was an outbreak at...

  1. 6,258 Posts.
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    Here is my LSA daily chart update. Yes there was an outbreak at about 3.2c confirmed by a massive increase in volume. 3.9c has been resistance before, but we'll see as my next interim target is 4.2c before the testing of 4.5c resistance level. Next is the re-entry into the green rising channel, where 5.1c is my next interim target.
    Obviously with everything that was going on elsewhere there was a lot of waiting, which IMCO the smart money used to accumulate and build a Cause, as in Trading Range of which we might see the Effect, as in further SP rise relatively soon.

    Now having seen today's SOS - Sign of Strength there might be/should be another test for supply coming soonish, but I would suggest not to be too discouraged, because that's just how the smart money works to make sure they got it all figured out correctly. SOS -> Test of supply -> LPS - LastPoint of Support and of we go ... for the next leg up ...

    https://hotcopper.com.au/data/attachments/3728/3728224-f4d9093ad7bb637561de0072c0d0296a.jpg
    Good luck to all holders!
 
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Last
6.1¢
Change
-0.009(12.9%)
Mkt cap ! $12.66M
Open High Low Value Volume
7.1¢ 7.2¢ 6.1¢ $11.81K 187.8K

Buyers (Bids)

No. Vol. Price($)
3 79940 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 2285 1
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Last trade - 11.54am 25/04/2024 (20 minute delay) ?
LSA (ASX) Chart
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