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Lithium Exploration Group, LEXG
(Total Views: 4322)
Posted On: 03/21/2017 2:20:50 PM
Post# of 67
Posted By: SALLTT
MY ANALYSIS RESULTS - ALL IMO

the current move is copying 2 earlier moves

These moves exist of a 'small' increase in price followed by a 'small' decrease and finally a huge rally.

FIRST MOVE: 15 JUL 2015 - 01 AUG 2015
'small' increase: 0.0038 to 0.0085 (+123%)
'small' decrease: 0.0085 to 0.0050 (-41%)
Huge rally: 0.0050 to 0.0200 (+300%)
Total run: 0.0038 - 0.0200 (+426%)

SECOND MOVE: 29 DEC 2016 - 19 JAN 2016
'small' increase: 0.0015 to 0.0035 (+133%)
'small' decrease: 0.0035 to 0.0020 (-43%)
Huge rally: 0.0020 to 0.0112 (+460%)
Total run: 0.0015 - 0.0112 (+646%)

CURRENT MOVE: 09 MAR 2016 - IN PROGRESS
'small' increase: 0.0017 to 0.0037 (+117%)
'small' decrease: 0.0037 to 0.0020 (today's low) (-46%)

CONCLUSION: until now the current move is copying the previous two moves. The only thing is we are below 10, 20 and 30 MA and need to break that before a possible huge rally. Down side risk is low imo, just look at the lowest price of the last 9 months.Keep you exit strategy ready just in case. GLTA!













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