Price movement from .003 >1.2 in just over month with extraordinary volumes & a mini breakout suppressed with a speeding ticket is saying something. Chart below is looking great with the last of the MMA's the 50 exiting the cloud, A crossover with the 200 should blink bullish fuzzy lights on stock screeners, & with fresh meat in hopefully from this to give the SP a small pushup.
Price movement testing resistance @ 1.2 with a pullback is healthy as it needs to consolidate from the extraordinary rise of the last month with no real news to support it. If with a sniff of a good announcement & breaks through 1.2 then 1.5 resistance will be the next head banger followed by 2.0c resistance.
Patience with this one will reward as it feels like 1 big wound up spring ready to pop on a GOOD JV partner announcement that the company clearly needs to get drills in the ground. All in all the chart is quite bullish, So good luck if ya in ........ & the people that got in @.003 well done
LRS Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held