cheers Len-Hun
Unfortunately as per my previous post, that (hopeful) SOT failed, but we can I think forgive it after the past 2days on the markets.
Today imo was obviously a good finish to the day for LYC, unfortunately not so for anyone who gave in but am sure a lot of others feel relieved, when will it end they say
As mentioned elsewhere today's low hit all the way back to Aug2009, had very high volume and closed high on the bar which suggests that demand had possibly overtaken any of the supply.
As per the normal old saga, it would be better if this volume was successfully tested, be on the lookout for any signs of bullish activity, that is if its the bottom, ahhhh.
In a weird kind of way, I've liked the action of the last week, not sure if anyone else has liked it but after that potential SOT, the last 2days have only closed lower by 2.5 cents
2charts with the lower one showing that bullish tad of divergence still growing in a positive manner with a another example in the near background
tick tock, page-4
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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2 | 6500 | 6.750 |
1 | 3000 | 6.730 |
2 | 3200 | 6.720 |
2 | 4480 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 200 | 1 |
6.820 | 383 | 1 |
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