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LOFC.N0000
LOFC
After making a HL on 7 th June the shape price took a sharp upward movement and crated a HH which also cause to produce some profit booking opportunities.
On the last trading day the share price tested the support at 5.30 - 5.60 zone but manage to close above it.
The descending trendline is in a confluence in this support zone.
RSI took a cooldown while MACD is also slightly curved down.
LOFC.N0000
LOFC
After making a HL on 7 th June the shape price took a sharp upward movement and crated a HH which also cause to produce some profit booking opportunities.
On the last trading day the share price tested the support at 5.30 - 5.60 zone but manage to close above it.
The descending trendline is in a confluence in this support zone.
RSI took a cooldown while MACD is also slightly curved down.