22-June-2024 : Keeping It Simple with Price Action & Technical Analysis.
This stock showed up in my screener, and liked the chart and price action.
Putting out my analysis objectively using Point & Figure.
** I do not own this stock, and my analysis may have mistakes and incorrect. So please DYOR and always use a Stop/Loss..
* Using P & F with a box size of 0.15 on a Daily chart.
* The stock has been in a long term uptrend.
* After making a breakout in Oct'2023 ( shown by the long "X" Anchor column), the stock went into consolidation and on 21-Jun-2024, we saw creation of a fresh "X" column signalling a "probable" resumption of its uptrend. This will be confirmed once it does a double top buy around the ORANGE zone immediately above it.
* If it crosses the Orange zone, and remains above the BLUE line, then I am forecasting an immediate price target of around 16, based on the open Anchor Column count. [ If we see behind, then the last target anchor count has already been met ].
ASXCharts - LYL - Technical Analysis
Featured News
Add LYL (ASX) to my watchlist
|
|||||
Last
$13.38 |
Change
-0.130(0.96%) |
Mkt cap ! $531.7M |
Open | High | Low | Value | Volume |
$13.56 | $13.65 | $13.31 | $567.9K | 42.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 750 | $13.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.39 | 156 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 750 | 13.350 |
1 | 2805 | 13.310 |
2 | 1147 | 13.300 |
3 | 504 | 13.290 |
1 | 158 | 13.270 |
Price($) | Vol. | No. |
---|---|---|
13.390 | 156 | 1 |
13.410 | 158 | 1 |
13.420 | 158 | 1 |
13.440 | 158 | 1 |
13.500 | 1457 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
LYL (ASX) Chart |