"..If today does develop into a spring, next weeks action would obviously need to be up.
It would be a much stronger spring if we'd did a similar movement way down below last Fridays low of 87.5cents but lets see how it goes..."
lagunaby, the spring that I mentioned may develop was from LAST Friday, that was for Fridays bar, none other, and as I've also mentioned it FAILED so no more springy springy talk is needed, it failed
but as above, a stronger spring would be down in this area we are at, that is under that huge support level of 85cents odd
of course one MAY NOT develop and it continues to sail south, but that's not up to us, that's up to the movers of this stock the pro money, all we do is try and anticipate what may be on the cards
LYC Price at posting:
82.7¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)