LMG.AX (ASX)

LMG.AX ASX

Latrobe Magnesium

STAY IN CASH

0.0130

Prev.Close

0.0140

Change

-0.0010

Change%

-7.14%

BULLISH KICKING

Sold at

0.0120

Open

0.0140

High

0.0140

Low

0.0130

Loss%

+8.33%

Signal History

Date	Price	Signal	Change%		AUD100⇨
04/04	0.0120	QUIT	+8.3%	❌	76
03/02	0.0140	QUIT	-14.3%		76
13/01	0.0120	QUIT	+16.7%		76
20/12	0.0190	QUIT	-36.8%		76
03/12	0.0240	QUIT	-20.8%		76
29/11	0.0240	SHORT	0.0%	❌	76
27/11	0.0270	BUY	-11.1%	❌	86
19/11	0.0250	SELL	+8.0%	❌	86
15/11	0.0290	BUY	-13.8%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY IN CASH. The previous QUIT signal was issued on 04/04/2025, 35 days ago, when the stock price was 0.0120. Candlestick analysis and pattern detection for LMG.AX have resumed.

Market Outlook

We observe a bullish tendency in this security, which is once again within our scope. However, it remains in an environment with uncertain tendencies. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements to secure an optimal entry point.

Pattern Description

This pattern begins with a black Marubozu candlestick, followed by a white Marubozu candlestick. After the black Marubozu, the market opens above the prior session’s opening, creating a gap between the two candlesticks. more...

Date	Price	Signal	Change%		AUD100⇨
04/04	0.0120	QUIT	+8.3%	❌	112
03/02	0.0140	QUIT	-14.3%		112
13/01	0.0120	QUIT	+16.7%		112
20/12	0.0190	QUIT	-36.8%		112
03/12	0.0240	QUIT	-20.8%		112
29/11	0.0240	SHORT	0.0%	❌	112
27/11	0.0270	BUY	-11.1%	❌	126
19/11	0.0250	SELL	+8.0%	❌	127
15/11	0.0290	BUY	-13.8%	❌	147
12/11	0.0280	SELL	+3.6%	❌	148
05/11	0.0280	BUY	0.0%	❌	148
22/10	0.0310	SHORT	-9.7%	✔	135
18/10	0.0333	BUY	-6.9%	❌	146
08/10	0.0380	SELL	-12.4%	✔	146
30/09	0.0320	BUY	+18.8%	✔ 👍	123
09/09	0.0310	SELL	+3.2%	❌	124
30/08	0.0340	BUY	-8.8%	❌	136
22/08	0.0340	SHORT	0.0%	❌	136
20/08	0.0360	BUY	-5.6%	❌	145
29/07	0.0420	SHORT	-14.3%	✔	127
23/07	0.0440	BUY	-4.5%	❌	134
15/07	0.0440	SELL	0.0%	❌	134
08/07	0.0460	BUY	-4.3%	❌	141
02/07	0.0440	SHORT	+4.5%	❌	148
24/06	0.0430	BUY	+2.3%	✔	145
22/05	0.0591	SELL	-27.2%	✔	145
07/05	0.0502	BUY	+17.7%	✔ 👍	124
06/05	0.0482	SHORT	+4.1%	❌	130
09/04	0.0527	BUY	-8.5%	❌	142
05/04	0.0482	SHORT	+9.3%	❌	158
18/03	0.0502	BUY	-4.0%	❌	165
05/03	0.0497	SHORT	+1.0%	❌	167
19/02	0.0532	BUY	-6.6%	❌	180
12/02	0.0542	SHORT	-1.8%	✔	177
29/01	0.0552	BUY	-1.8%	❌	181
04/01	0.0597	SELL	-7.5%	✔	181
12/12	0.0573	BUY	+4.2%	✔	175
22/11	0.0664	SELL	-13.7%	✔	175
09/11	0.0468	BUY	+41.9%	✔ 👍	124
03/11	0.0463	SELL	+1.1%	❌	124