I am not a chartist but by just looking at some numbers I have come up with the following.
19th Aug LYC $1.05high then on 26th Aug 0.87 (a drop of 17% in 5 Trading Days)
16th September LYC $1.40 then on 23rd Sept $1.17( a drop of 16% in 5 Trading Days)
22 October LYC $1.79 then on 27th October $1.41 ( a drop of 21% in 5 Trading days)
Now in the first 2 cases 5 trading days later we rose 23% and 18% If this continued to play out like last time we could be looking at $1.69 next wed.
Now i am no chartist and would be interested to see if this pattern forms any type of chart?
volatility , page-12
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Last
$7.60 |
Change
-0.050(0.65%) |
Mkt cap ! $7.103B | |||
| Open | High | Low | Value | Volume |
| $7.46 | $7.71 | $7.44 | $29.48M | 3.879M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6053 | $7.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.62 | 2994 | 1 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |