LGL lynch group holdings limited

percentage gains for the big gold producers

  1. 106 Posts.
    Taken from the 3rd week in November to now. During this time SGX, NEM and LGL have formed a trend channel. One day close below the support line on LGL but i don't see it as any concern:
    LGL 88%
    NEM 88%
    SGX 78%
    NCM 66%
    NEM is the furthest from the support line. LGL and SGX 5% to 6% away from it but it will probably be a different story tomorrow.
    The support line for LGL is on $2.80. Friday's close was $2.92. i don't hold this stock but if it can come back to this line and bounce up from it I'll probably buy some near the close. One needs a bit of bad news to 'buy in gloom.' The long term fundamentals are in place as are the charts. The Feb Futures show a bullish descending, broadening wedge from last June with 8 touches and the penetration of it on Friday.
    The XGO (gold index) is also in a bullish up-sloping trend channel since early November. 5 touches. Close to the support line now.
 
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(20min delay)
Last
$1.87
Change
0.035(1.91%)
Mkt cap ! $228.2M
Open High Low Value Volume
$1.87 $1.87 $1.87 $2 1

Buyers (Bids)

No. Vol. Price($)
1 5714 $1.75
 

Sellers (Offers)

Price($) Vol. No.
$1.88 8800 2
View Market Depth
Last trade - 10.17am 31/07/2025 (20 minute delay) ?
LGL (ASX) Chart
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