LRS is currently using the range high of that consolidation block weekly range marked on the chart. this range is important as this range was the last range before the market had a huge bull run march. I have targets market on the chart, I will Cut if we get back and close below that weekly important range. lets see.
" New Pegmatite Zone at depth at Colina Lithium Prospect Mon, 27 Jun 2022 08:41" -News catalyst -Back above Low Range. -Backtesting low range -Above the 20 day EMA all intraday TF's Targets Mid Range. patience is key to see this work out.. markets are extremely volatile ATM with FED meeting in july is also to be wary of.
Lost 7% but it's still technically intact Breaking out of a falling wedge within a decent lattie. Wht 's teh dominant gradient here? It's unclear. This may be it, though, meaning BO from a falling wedge cum bullflag later.
breaking out from a wedge within a likely bullflag. BIt of room to run.
Looks like we have been consolidating in another pennant formation, if we break up looking to 0.11 -0.14. We are also waiting on news, so this will dramatically effect this stock once results are released. . Look at last chart of LRS, which performed perfectly. Please DYOR, not advice.
Linear Regression Slope (LRS) applied to SMA. Shades green when value is > 0 and prices closes > SMA.