$LOM Inverse Head and Shoulders
LOM 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%
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%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.