LOM 0.00% 4.3¢ lucapa diamond company limited

Xenith69, 40c is a very specific number. Is this based on a...

  1. 66 Posts.
    Xenith69,

    40c is a very specific number. Is this based on a resistance level you have derived? If so what is the method you have used.

    Personally I have applied a Fibonacci projection to this scenario and have found it to be very accurate on the events of recent weeks for LOM. I have found that support/resistance levels sit at 39c, 44.5c and 50c.

    Interested to know your method that underpins the 40c call.

    Kind regards

    Duke
 
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