If you're referring to the candle pattern on the 6th, I would call it a hammer as it marked the end of the consolidation phase leading to a gap up on the 7th. A hanging man typically appears at the end of an uptrend. They look the same, the difference is in context. Sentiment has been a significant factor in price action since the high @ 2.96. Several bullish chart setups failed due to news. Only time will tell if we've seen the end what had been a relentless onslaught of negative news.
Today's chart & trading, page-1446
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Last
$6.98 |
Change
0.215(3.18%) |
Mkt cap ! $6.505B | |||
| Open | High | Low | Value | Volume |
| $6.66 | $6.99 | $6.66 | $11.15M | 1.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 8889 | $6.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.98 | 7426 | 33 |
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| Last trade - 14.36pm 09/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |