Emily8888

LRS Long

Long
Emily8888 Updated   
ASX:LRS   LATIN RESOURCES LIMITED
LRS Long plan
Comment:
Prediction:
Long to 0.058 then will meet resistance.
Once resistance breaks long to 0.10
Comment:
Prediction: 0.29 by 4 Jan 2021
Comment:
Stop Loss at 0.028 - just below the 50 fib retracement level. Target Profit 0.067 at the 1.618 fib extension level.
Trade active:
Stop loss moved to 0.035 to reflect updated fib levels (if stop loss activated still make 2.06% profit).
Target Profit moved to between 0.053 and 0.076 (55.16% profit and 123.01% profit)
Trade active:
Going to try and close this trade tomorrow at 0.038 or if pushed 0.037.
Take a small profit and then try and buy back in after retrace at 0.033.
Trade closed: target reached:
Closed this trade at 0.036 for a profit of 5% with the intention of buying back in at 0.034 either tomorrow or Friday.
Trade active:
Bought back in at 0.028 on the 17 Dec 2020.

Current price at 0.087 = 205% ROI
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