LGL lynch group holdings limited

Hi lgl fans, Have just been reading through the bottom picking...

  1. 573 Posts.
    Hi lgl fans, Have just been reading through the bottom picking posts and thought a might add my 2 cents worth as i am waiting for the bottom to jump on.

    In the first chart it shows lgl breaking from a descending triangle and i have been looking for support on the 61% fib @ 2.36 not far away now, If it breaks through there it could find it self inside a historical resistance brand marked with the red dotted lines.



    In this chart it shows that the $2.35-$2.15 trading resistance band has been very strong support/resistance in the last 14 years


    In conclusion i think we need to see the 61% fib or the top of the resistance band hold as support $2.36 0r $2.34, If not i think price could fall to $2.15 bottom of resistance band.

    After that $1.60 but unlikely.

    Please dyor as this is just my opinion and not to be taken as advice.
 
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(20min delay)
Last
$1.75
Change
0.000(0.00%)
Mkt cap ! $213.6M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 607 $1.65
 

Sellers (Offers)

Price($) Vol. No.
$1.76 372 2
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Last trade - 16.14pm 20/06/2025 (20 minute delay) ?
LGL (ASX) Chart
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