Price is holding higher levels as buyers setting up for a run higher

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

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.

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