Information technically it has played out to a tee - consolidated nicely upon volume accumulation. Next (a) buyers step in and move it up (b) traders by in on bounce (c) watch break line points against 2 yr trend both vertical and horizontal ?! - (d) review position against SP and fundamentals associated.
All in all a great ST / LT buying opportunity presents itself.
Initial ST target is 3-3.2c with 1st stop at 2.5c upon ST retrace - potential upper band upon strength is 5c, probability <10%.
NL
LOM Price at posting:
1.1¢ Sentiment: LT Buy Disclosure: Held
