Jerm88

LKE @ 14 OCT 2021

ASX:LKE   LAKE RESOURCES N.L.
Text me if you have any questions/comments for me.

-----

LKE
- First time doing a written analysis on LKE
- Doesn’t have much a history of long and steady uptrends
- Any strong upwards movement lasts for a few short weeks with strong volume before momentum peters out
- Not usually a trend that would attract trend followers
- Resistance zone has formed around the 65 cents level (purple dash line)
- Stock doesn’t respect the short-term support, but the mid-term support is proving to be stronger
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.