LOM – Lucapa Diamond Company Limited

lom

LOM – Lucapa Diamond Company Limited

Current Price – 0.43    Status – On watch for buy entry setup

LOM has been contracting after pushing up through the 0.50 zone recently. We are now watching for a push higher out of contraction into expansion. We can see past price action has had an increase in volume on a sharp move higher. If we see the increase in volume and a higher low build then we expect to see continuation through 0.60 towards 1.00/1.25 zone.