LPD LPD.axLPD came back and retested the 618 fib common reversal zone.
pushed below support in order to create liquidity.
Will look for a breakout the of the Bo2 line and "Level" all marked on the chart.
If this happens target will be Macro Breakout line before profit taking.
Mid range resistance is worth noting if we get a breakout out.
MQR
The only 1 who bought this todayI bought 2750 shares today, total traded shares for the day = 3K.
I know that company very well, they have mines where i live.
At this moment (at this price), Monarque gold has a better % upside than WDO (his no.1 concurrent in val d'or Canada).
They annonced they discovered more minerals than what they thought before and the price had drop.
It means we are bottoming, any news is a sell. No one from the general public is buying right now. Total capitulation.
Put the stop to 0$ that miner will never go bankrupt, i made my research right now the price is under the assets of the company!!! Its like taking money on the ground.
Trade at your own risk!