As predicted this morning, AussieBulls are saddling up:
Signal Update
Our system’s recommendation today is to BUY. The BULLISH INVERTED HAMMER pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.0820, and our valid average buying price stands now at 0.0830. The previous SELL signal was issued on 11/11/2015, 6 days ago, when the stock price was 0.0800. Since then LYC.AX has risen by +3.75%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.
BULLISH INVERTED HAMMER
Pattern Description
This pattern consists of a black body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bearish Shooting Star but unlike the Shooting Star, the Inverted Hammer appears in a downtrend and signals a bullish reversal.
breakout alert, page-22
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |