Of course if I use the Technical Analysis it will show a downward trendline and a SELL.
Using this rationale this stock will NEVER turn upwards.
It will turn upwards and fast.
When it does the long timeframe MA's will still tell you not to buy.
I have uploaded this to look at LYC on a micro scale to get an early entry point.
That is why I have included the AussieBull recommendation to avoid shorting.
Attached is a 30min timeframe.
the tide is turning, page-13
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Last
$7.62 |
Change
-0.070(0.91%) |
Mkt cap ! $7.136B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.94 | $7.50 | $16.37M | 2.128M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 4902 | $7.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.62 | 3172 | 11 |
View Market Depth
| Last trade - 15.52pm 08/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |