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LPD.ASX - Technical Analysis - Uptrend

ASX:LPD   LEPIDICO LTD
1. Still in a long-term uptrend as long as it holds above its 200 moving average
2. Share prices have been bouncing off its 200 moving average in the last three trading sessions but failed to break above 0.055 resistance price level which is now a critical price point.
3. Share prices need to break and hold above 0.055 before we see further moves to the upside.
The next support price level is at around 0.047

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