Indeed it broke the downtrend from the high of 42c - that is positive. Also the gap-up that formed between Thu & Fri is positive.
However it also filled the gap-down formed between Aug 4 & 5 which could mean a sell off on technical grounds might eventuate on Monday. This could theoretically mean another buying opportunity at 18c when the latest gap-up is going to be filled.
At his stage the 2 STD Bollinger Bands might provide a better indication of buying and selling opportunities in the short run.
Indeed it broke the downtrend from the high of 42c - that is...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $11.54K | 3.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 62116951 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 251441 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |