beIng new to chartIng, what are people's view on the LVT charts at the moment? The MACD (5day; 15mins) has been returning to zero and the area charts are now flat (or close thereto), preparing for a push in to positive SP pressure. The flattening of the SP at ~61.5 demonstrating investors expectation of the upcoming $2m cap raise (which is somewhat minor) at 59c and the resulting dilution. IMO the DJ announcement of 30% increase in PT should demonstrate the considerable upside at current SP's and make current SP's a bargain. I must say, i thought the cap raise was a positive as would assist LVT with growth and support current initiatives such as those announced with Microsoft. Thoughts?
LVT Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
