Thanks niqo, if you remember prior to the previous shakedown, we spent a lot of time going sideways around the $1.12 mark. This resulted in a lot of volume being laid down around that price and after a big move down, lots of people just wanna get out break even if they haven't been shaken out, so I think we just hit a wall of sellers at $1.12. However, for about a week after our shakedown, supply dried right up, so it was obviously just easier to take the price up. Also the anticipation of a TOL (believing Ongkili would keep his word about 2 weeks) probably helped the move. Since our little trip to $1.12 though, we spent 7 trading days bobbing around just above $1, so I think our next surge could see us go to just over $1 where we hit another wall of sellers, that's assuming those w**ker politicians in Delaysia keeping doing what they do best - delaying :)
LYC Price at posting:
89.2¢ Sentiment: None Disclosure: Held
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