$LOM $LOM.axLom still consolidating above key level.
Daily cable closed above BO2 (Breakout 2)
Looking for a fun with a target to BO1 (Breakout 1)
LOM trade ideas
LOM - 4 HRDiamond Miner, Solid base has been put in.
Pushing up higher on volume. Looking for a breakout over $0.10
Lucapa Diamonds - Range bound, future uncertainSudden bursts and spikes on news only to be met with selling pressure has kept LOM between .20 and .30. The future is quite uncertain and I do not see a sparkle in it.
$LOM Inverse Head and ShouldersLOM has formed a reasonably clean cut inverse head and shoulders pattern which is currently challenging the neck line.
With a ongoing news from existing diamond mining activities and upcoming exploration work the catalyst for a break seem likely to present.
First target is set at the support/res level at 37.5c with the second target at 42.5c representing 27 and 44% upside moves respectively. SL set at -12%
LOM - TAA Long opportunity here if prices hold above 0.265. other support and resistance are marked on the chart and can be used as an entry, exit, stop loss and also profit target
