We expect price to test the resistance pocket between 1.610 - 1.645 shortly, off the back of a bullish breakout and positive NAV movements. LSF is still trading at a 10% discount to NAV.
There is the possibility of a pullback to retest the breakout point 1.500 - 1.540. We expect any pullback to be met with big buyer demand, so long as the NAV keeps making gains.