No, just know LYC gaps almost always fill and we've got one beneath between 90c and 91c. While it's open, it's just another tick in the box for a short trade.
Also, we've got a lot of volume at 90c and under from the recent shakedown to 86.5c. No doubt many shaken out there will want back in and we'll get a bounce. Same thing happened yesterday, there was lots of volume between 91.5c and 92.5c from the shakeout, and we bounced out of it but then hit a layer of lynasheads that were laid down in the prior two days at 97.5c and 98c :) Expecting a similar bounce around the 89c mark at some point, just wouldn't be surprised if they take it up in the morning only to short it down and fill the gap.
LYC Price at posting:
91.5¢ Sentiment: None Disclosure: Held
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