Lepidico is Ready to Run!
Lepidico (LPD ASX/ LPDNF OTC) is set for an exciting 2022.
Looking at the ASX chart, there appears to be strong support at the .36c level.
Last week, the price broke through previous resistance level at .38c with a resistance at the .42c level.
With many upcoming catalysts, I feel this will push above .53c (52 week ATH) by mid-may.
Note: 20day ema crossing up 50day ema (staying above 200 day ema)
Note: MACD curling upwards
Note: Strong balance sheet
Looking at the ASX chart, there appears to be strong support at the .36c level.
Last week, the price broke through previous resistance level at .38c with a resistance at the .42c level.
With many upcoming catalysts, I feel this will push above .53c (52 week ATH) by mid-may.
Note: 20day ema crossing up 50day ema (staying above 200 day ema)
Note: MACD curling upwards
Note: Strong balance sheet
Note
Daily bull flag forming. Seems that many investors are waiting for news...or just high float holding it back???
Upcoming news:
- By products off take agreements
- DFC funding
- traxys lithium hydroxide customer name drop (maybe)
- drilling results
- pilot plant results
Again, expecting this to run above 5c by mid-May.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.