Chartists, anyone starting to think what this really is, is a potential Cup and Handle pattern? (a bullish continuation pattern )
I just drew the handle, (maybe it's a bit too steep?)... the cup is obvious - add 9.5c to the break out point if it goes north of the handle.
http://www.investopedia.com/terms/c/cupandhandle.asp
todays chart, page-42
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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 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |