LGL lynch group holdings limited
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On the monthly chart, it looks like the MACD is just about to...

  1. PhatProphit
    1,716 Posts.
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    21/05/09
    08:25
    Post #: 5188104
    On the monthly chart, it looks like the MACD is just about to cross the head upwards.

    On the weekly chart, it also looks like it's just about to cross as well.

    On the daily, there is no clear indication.

    LGL has been in this chanellike trading pattern for a while now and it's looking like it's going to head upwards given the technicals and the recent rally in the price of gold. The Aussie dollar has stablised giving the aussie conversion $$$ (AUD $1211) per ounce of gold a leg up and LGL should benefit.

    Let's see what happens today. Hopefully who ever is holding it down will let it go for a run so that they, and us, could benefit from the recent gold price.

    Good luck to all LGL's holders.

    PP.
    LGL Price at posting: $3.03 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$1.75 		Change
0.000(0.00%) 		Mkt cap ! $213.6M
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No. Vol. Price($)
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Price($) Vol. No.
$1.75 1096 1
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Last trade - 10.04am 18/06/2025 (20 minute delay) ?
LGL (ASX) Chart
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