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Reposted with the chart visible - hopefully this time:I picked LRS off a chart and bought a speculative position at vwap, thinking the Price and Volume Brigade might jump on it tomorrow for a quickie. And then I heard that it's a HC ramp, which makes me feel slightly uncomfortable. While it may still play out as I planned, the opposite is also possible.
Anyway, I can only go by what the chart tells me and adjust my plan accordingly:
I entered on the premise of a double bottom, but would be happy if only the overhead gap were closed; happier still of course if HC could keep ramping it up to 6c or beyond.
Stop-loss at 3.4c - obviously.
The Lachlan Fold Belt must have very few holes left in it for those of large girth.Alright, let's dust this one off.
Potential halloysite in WA and something in the Lachlan Fold Belt NSW (gold etc), they were wasting money in South America, not sure what came of that if anything...
Interested in thoughts.
Have held before and got stung by a consolidation with the price collapsing afterwards... my bias is bad, but the recent price rising can't be ignored.
The fundamentals need a thorough go over though...