Michaeljob

Lithium Power Flag Breakout $LPI

Long
ASX:LPI   None
LPI has consolidated the last move from 30c to 45c and now clearly broken the down trend on significant volume.

The company will be strongly motivated to get the LPIO options "in the money" to take advantage of the $20.6m capital available if converted therefore strong new flow is expected.

Flag break gives a target of 53c, options require 55c before being of value

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