LBL has capitulated out of the ascending triangle it was forming on the 382 fib. Has found support on monthly OB and 618 level, and forming daily/hourly bull div on this level. Likely false breakout to bottom. Weekly RSI moved into oversold. Monthly RSI below 50. Expecting recovery. Entry here possible with very tight stop for LTF trade, probably back to...
As per my theme recently looking for stocks with strong charts. I'd say this is group 1. And a summary of recent results. Revenues from ordinary activities $22,667,200 Up 44.9% from $15,648,146 Net Profit / (Loss) from Ordinary Operating Activities after Tax Attributable to Members $2,809,404 Up 190.3% from $967,749 Net Profit / (Loss) Attributable to Members...
LBL seems like a really solid company. see if they can pull through this market volatility intact?
Bit thin, but you know what they say about fakeouts to the downside that go the other way and vice versa?
Chart has notes Short term target $0.89 Long term target $1.30 FD holding
Laserbond Limited (LaserBond) specializes in developing technologies and implementing surface engineered solutions to provide service life for equipment used in a range of industries, including mining, drilling, minerals processing, manufacturing, construction, transport and power generation. The Company manufactures, repairs and reclaims wearing parts and...