What a wonderful day! LYC gained 7c or +2.68% closing at 2.68. From the chart, it's clearly tracking upwards quite well.
(1) It broke above the 61.8% Fibonacci level of 2.63 convincingly.
(2) Risk of breaking down from uptrend averted.
(3) ST/LT daily Stochastic, MACD, RSI all pointing up.
My analysis:
- As alluded to in my Post #: 40821514, the weekly momentum indicators are very similar to the week before a massive downtrend breakout of 26-Feb-2018 (+16.5%) and 13-May-2019 (+28.4%).
- The timing could coincide with the release of Quarterly Report on Mon 21-Oct-2019.
- It has all the ducks lined up, just waiting for a good Quarterly Report for the SP to pop, Next target is 2.86 Fibo or 2.96 at resistant. DYOR!
- I have changed my sentiment to BUY.
- Forums
- ASX - By Stock
- LYC
- Today's chart & trading
Today's chart & trading, page-2228
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.57 |
Change
-0.120(1.56%) |
Mkt cap ! $7.136B |
Open | High | Low | Value | Volume |
$7.72 | $7.94 | $7.50 | $12.77M | 1.654M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 5736 | $7.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.57 | 3627 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 3060 | 7.540 |
29 | 10891 | 7.530 |
31 | 10992 | 7.520 |
13 | 10462 | 7.510 |
15 | 24348 | 7.500 |
Price($) | Vol. | No. |
---|---|---|
7.550 | 14588 | 27 |
7.560 | 12593 | 9 |
7.570 | 8514 | 7 |
7.580 | 3806 | 7 |
7.590 | 8957 | 6 |
Last trade - 15.04pm 08/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |