Sold out at 1.655 on Wed. Just a gut thing - insto buying wasn't as consistent/enthusiastic as it should have been on opening on first day of their new listing to give me reason to hold any longer. Perhaps the word I am searching for is opportunistic. I felt that the first hour of trading was opportunistic and did not provide a solid enough foundation for me to continue in the trade. Personally, I have found that opportunism can sporadically end well for me (eg get me into a trade at a great price) but through trial and error I have found that the risk for loss is much greater than patiently waiting for 3 consecutive higher highs/higher lows or 3 days after a break out which I must admit is pretty boring. I also use fairly tight stops. Will re-enter when charts provide an opening as I think LYC also fundamentally ticks the boxes. Obviously, discipline doesn't come easily to me!
Good luck to all holders.
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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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LYC (ASX) Chart |
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Simon Kidston, Non--Executive Director
Simon Kidston
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