Chart, page-205

I dont pay a lot of attention to B/Bands I do look at them when they are squeezing potentially signalling a breakout or breakdown but that is about the end of the indicators usefulness for me - Yes LYC is above the top band but as you can see highlighted on the chart it can just keep walking the upper up band higher as it has done in the past.

RSI is not overbought yet so the dominant chart feature is the double top - can it break out ? I imagine you will find out soon. Consolidation is going to add some complication to the T/A

Billions of shares on issue is always problematic to such companies - consolidations are always on the radar - While in theory 10 times less shares on issue makes them worth 10 times as much is just that theory !! In the real world that is rarely how it pans out - I personally dont know a lot of success stories with consolidations but I do know of plenty of horror ones - Hopefully that is not the case for LYC holders





Stella run over the last few months - weekly trade data below !