LYC fell back 2c to close at 2.63. It was sold down on open to the day's low of 2.61 at 10:15AM but climbed all the way to the day's high of 2.68 at 11AM. It was losing stream and gradually gave it all back and settled around 2.63 by 12:30PM for the rest of the day.
Points to note:
- It closed smack bang at the 61.8% Fibonacci level of 2.63 today.
- It appears to be re-testing this level after breaking above yesterday.
Tomorrow is critical and these are the things to watch:
- If it goes up, it would confirm that the 61.8% level is held and the SP has a chance to head towards the 78.6% Fibonacci level of 2.86.
- If it closes below the lower channel line hence breaking the uptrend, it could go down to 2.47 to re-test the 50% retracement.
- Long term Stochastic is in the overbought zone.
- Short term Stochastic is threatening to cross over to the down side, so we must tread carefully.
Today's chart & trading, page-2170
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |