Hi timmo, when I look at potential supply I try to frame it in terms of has it been dealt with? i.e. revisited. The best potential supply is a sideways range that has broken a lot lower so you know people are trapped there and haven't had a chance to get out so expect a bounce when you get back to these areas. With LYC, it had the massive auction at 64c then ranged between that and 60c then broke down to 55c. After a little while trawling the lows we had 2 big days which went up to 63.5c giving those trapped a chance to get out even and then if they chose not to accept then the option to be shaken out at a loss. Then had very low volume for a few days (no supply) but protecting the 57.5c mark and keeping out the bottom feeders (like me :) and potential weak holders scalping the bounce off major support at 55c. No idea what will happen next, feels like a pump and dump, 10% not bad for a few days' work.
2013, the adventure begins , page-37
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Last
$7.71 |
Change
-0.090(1.15%) |
Mkt cap ! $7.206B |
Open | High | Low | Value | Volume |
$7.78 | $7.80 | $7.59 | $17.72M | 2.310M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16763 | $7.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.73 | 13637 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16763 | 7.700 |
2 | 2845 | 7.660 |
1 | 13341 | 7.630 |
2 | 32483 | 7.620 |
2 | 24838 | 7.610 |
Price($) | Vol. | No. |
---|---|---|
7.730 | 13637 | 5 |
7.740 | 13341 | 1 |
7.750 | 13341 | 1 |
7.760 | 13341 | 1 |
7.770 | 13341 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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