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Potential Buy Entry Alert to Watch LCK
Time Frame : Daily
Sector : Energy
Key Stats : $96.43 Million Market Cap, VWAP 0.195, ASX Ranking 790, 4 Week Av Turnover $718,592, Current Turnover (Intraday as at time of alert) $90,531.
Company Overview : Leigh Creek Energy Limited (LCK, formerly Marathon Resources Limited) is an emerging gas company focused on developing its Leigh Creek Energy Project (LCEP), located in South Australia.
Broker Consensus : BUY
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LCK – Leigh Creek Energy Limited
LCK is looking good and setting for a run up into new highs. We can see a big pick up in volume and easing off as price holds the highs around 0.20. We are now watching closely for a minor higher low for the buy entry and run up through 0.24 towards 0.34 highs.
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Stock Code : LCK – Leigh Creek Energy Limited
Company Website : www.lcke.com.au
Current Price : 0.20
Status : On watch for potential higher low and push up through 0.24/0.25 zone
