Agreed - whilst it's not easy (or enjoyable) to see your paper profits decrease as quickly as they've done this morning, it's a normal part of holding stocks that start to run, such as what LRS has done these past weeks.
Nothing goes straight up - especially when the demand is largely based on speculation as opposed to proven results/assays - and these pullbacks are completely healthy and part of the process of consolidation and forming new bases; higher highs and higher lows.
Looking at the charts now, the shorter timescales are all showing much healthier levels on the RSI, so we should bounce back nicely from here. Sadly, I missed the top of this morning's run by 1 pip to take some profits off the table - you win some, you lose some!
Projects: GOLD/HALLOYSITE/LITHIUM/COPPER/HEAVY METALS, page-884
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $3.506M | 20.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 170000 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1113801 | 13 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |