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...
LKE looks like an ascending triangle, may pop depending on market conditions and pending annoucements
$LKE.asx - Price is bouncing off 61.8% fibs looks good to test old highs at around 45-47.5c Took a position yesterday, Let's see...GL! Please ALWAYS DYOR First!
Bounced back after touching 200 ema, 20cents might provide a good support, RSI looking good, can touch its first resistance level and after that looks bullish.
LKE is in strong bull trend on HTF's and is in a consolidation pattern. Would like to see price drop a little more to point c) and buy a retest of support zone.
Jumped back in lake after some good success with this 1 last month. I think we finally get the move back up to .45c then eventually .65c. The triangle I drew is subjective so can't be sure of the accuracy. Also the fact that after breaking from the triangle top Trend line lake just sells off back into the triangle. So be c careful here if you follow my idea...
Strong chart pattern, on watch for break of yellow resistance line. Will consolidate for next 2 to 3 weeks (longer the better for lke given its move from 6c..) before breaking trendline and move up for a rerate. If you want to enter now, stop loss at 28c and dont get emotionally attached as it can dip alot more then just 28c if buyers dont step up and keep it...
Lake broke down, I sold at .33c entry was .22c so nice win & this trade strayed up through the entire stock market correction. This was my only profitable trade over the stock market correction I used the funds to. buy every dip down to 3780. I think Lake will come back from here and I would buy at these levels and look for .49c
Bullish Pennant, confirmed. Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 200MA ascending 250RSI above 50 PT = 0.63$
Looks to me that if LLKKF can deliver on their promises this is going to be big in a few years. looks like its just found its first bottom
BUY .25 - .30 HOLD TILL 1$ - 1.20
Lake Resources NL (ASX:LKE; OTC:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects cover 200 sq km in a prime location within the Lithium Triangle, where 40% of the world’s...
Lake Resources NL (ASX:LKE; OTC:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects cover 200 sq km in a prime location within the Lithium Triangle, where 40% of the world’s...
Just to record my trade .. Entry: 0.67 SL: below 0.58