Well, the $1.02 gap is closed which is good from the point of view there's one less reason to go back to $1.02 if we go much higher. Also suspect a lot of the supply that was trapped between $1.015 and $1.035 would have exited today after a nauseating trip down to 87c. The more these big volumes zones are criss-crossed, the less attention I pay to them as people trapped there have had a chance to get out of their bad trade. So looking above, I'm probably focused more on the big volume from today's open auction at $1.075 and hoping we can put in that higher high above $1.125 and break out of this long term downtrend, which I had at $1.025 today.
LYC Price at posting:
$1.03 Sentiment: None Disclosure: Held
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