LGL 0.00% $1.45 lynch group holdings limited

night stalker,I got eqi at $3 in november held on to 4.89,...

  1. 1,088 Posts.
    night stalker,

    I got eqi at $3 in november held on to 4.89, stupid really and now it's worth about $2.90 in eqi terms. so even that is at a loss. always wanted to hold out for long term but don't know if its worth the fuss.

    I have a few questions

    1. does todays trading pattern re-semble accumulation at high volumes going through and it seems like it wants to burst either up or down from the current trend line.

    2. are there alot of shoters covering at the moment under the trendline? how do you explain these trades and the large 400k at 2.19 every so often

    01:21:23 PM 2.200 1,363
    01:21:15 PM 2.200 1,364
    01:21:13 PM 2.200 1,363
    01:21:11 PM 2.200 1,363
    01:21:04 PM 2.200 1,363
    01:21:00 PM 2.200 1,363
    01:20:58 PM 2.200 1,363


    3. is this considered no favourable because NCM is better and more intos trust it better.

    4. if the market falls further to 4400 in the coming financial metdown part 2 volume 100 and materials get hit also then where does that put lgl even at an exchange rate of $0.92 and gold at 900+

    thanks

 
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Last trade - 16.12pm 05/07/2024 (20 minute delay) ?
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