Yes, it's time to balance the euforia around LYC with a sober analysis... sorry.
Here is the updated daily chart. I didn't recognise it at first, but it looks like a impulse wave plus ab=cd pattern to me. What gives it away is the pennant formation (upside down triangle flag) we're about 80% into. If I'm right, we'll see a drop to ~$1.60 pretty soon (next 3-4 weeks) which means plenty of upside after! If I'm wrong it's LYC business as usual (up and up and up) but you got to ask yourself: "if it was that easy who's losing money?" Someone simply has to hurt for someone else to make money...
I can't help bad news - I see it as I see it...
Cheers
Hans
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B |
Open | High | Low | Value | Volume |
$7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | $7.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.61 | 6808 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 426 | 7.550 |
2 | 5750 | 7.510 |
2 | 500 | 7.500 |
1 | 1000 | 7.480 |
1 | 133 | 7.470 |
Price($) | Vol. | No. |
---|---|---|
7.620 | 500 | 1 |
7.630 | 750 | 1 |
7.640 | 20172 | 2 |
7.650 | 1500 | 1 |
7.700 | 1759 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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LYC (ASX) Chart |