Jerm88

LKE @ 21 OCT 2021

ASX:LKE   LAKE RESOURCES N.L.
Text me if you have any questions/comments for me.

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LKE
- Previous analysis was done on 14 Oct (red arrow) -> Recommended waiting for a successful rebound before plotting entry
- Since then, not only has the stock rebounded, it has also broken out above the 65 cents resistance level with above average volume
- Stock is proving that the mid-term average is a strong support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and a successful rebound
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