LYC had a good day today closing 4c up or 1.56%.
Major positives:
- It has broken above the 50% Fibonacci retracement level of the recent downtrend.
- It has successfully re-tested and bounced up from the short term downtrend line (orange dotted).
Things to watch:
- In the last 16 trading sessions, only 3 closed above the middle of the uptrend channel (purple dotted), so the trend is not not as strong as you wish.
- Now it is only 1 month into the 6-month license from 15-Aug-2019, there could be knee-jerk reactions to minor unfavourable news in the next 5 month or until a PDF agreement is announced. The SP could consolidate around the current level. In the same breath, good news on PDF could come any time especially the 6 month license conditions seem to have some timing inputs from AL. Therefore a PDF deal secured in this time frame is very doable! The SP could explode any time. DYOR.
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Last
$6.92 |
Change
-0.020(0.29%) |
Mkt cap ! $6.468B |
Open | High | Low | Value | Volume |
$6.95 | $6.97 | $6.87 | $16.72M | 2.418M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5820 | $6.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 15020 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 6.840 |
1 | 430 | 6.820 |
4 | 2400 | 6.800 |
1 | 30 | 6.760 |
2 | 3400 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.950 | 1000 | 1 |
6.970 | 599 | 1 |
6.980 | 15330 | 3 |
7.000 | 10409 | 3 |
7.010 | 2200 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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