Seems like an excellent setup. Had a big retrace, has base formation, trading above daily MA's, and if succesful going above 0.72 we can see a strong 30%+ charge towards 1.0 (maybe not hitting it). That would be our Target 1 0.72 is resitence on many levels so keep an eye on that. Daily RSI is quit high so we might retrace a little more down. But risk-reward...
I love diamonds investing in diamonds especially canadian diamonds or america company owned diamond companyes- my names is lucas and lucara rings a bell so I will invest and wait for lucara to find lots of diamonds and this stock goes to 1.00 it was at 77 cents when i bought shares on wealthsimple two years ago---but I havent seen a new all time high since then or...
Lucara owned a 40% share of the AK6 kimberlite project (now the Karowe mine) in Botswana. In October 2010, Lucara bought African Diamonds, giving it a 100% share in the mine. The mine has an estimated $US2.2 billion of diamonds. AK6 is in the Orapa/Letlhakane district. Mothae diamond project in Lesotho: Kimberlite processing began in June 2010; a 53.5 carat...
www.avanza.se Revenue of $53.1 million or $579 per carat sold in Q1 2021, 56% higher than Q1 2020. This includes diamonds sold through a combination of regular tenders, Clara, and through HB Antwerp (“HB”) under the supply agreement announced in July 2020. Q1 2021 total operating cash costs of $29.24 per tonne processed(1), 7% lower than Q1 2020. Adjusted...
It looks like following the earnings report the buying sentiment is still strong and looks like the SP could rebound and come back on trend. This is not meant as investment advice and is for my own DD and to track my own predictions along the way to learn from.
The price of Lucara Diamond Crop (LUC) has been falling since 2016 along the trend line included in the chart. Recently, the stock price retracted upward towards the trend line which provides a good opportunity to enter a short position. The first good target price would be the 78 percent fibonacci retracement (from the june low to june high) at 3.385 (SEK)....
Neutral until it breaks downward trend could go lower Possible double bottom in? 6.5% dividend Future demand from millennials is minimal as they are attracted by the prospect of cheaper stones generated in a lab that are guaranteed to be conflict-free. store of value in trouble times. no! precious metals are probably a better investment as diamonds are...
auction is june 29 2016-size of avocado- use limits very thin-accumulate no more then 5 percent before auction-trailing stopm loss 50 ma-after auction 8 ema-rising thin cloud-exceptional rating for clarity and quality
looking to buy pullback in Lucara
Possible more downmovement,,,