Yep, I snapped some at 1.48 too (averaging down).
I know the DOW futures are pointing at -141 (as I'm typing), but come on people, LYC has been completely oversold!
IMO - Playing off the back of the ongoing Euro concerns, shorters have pushed the price down to trigger the retail punters stop-losses.
See my amateur attempt at chart reading below:
As you can see, the price bounced after each stop was triggered. Unfortunately it continued to drop...
Disclaimer: I have no idea what LYC is doing, I bought in at 1.80!
-Timbo
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not a good day at all, page-10
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B |
Open | High | Low | Value | Volume |
$7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4481 | $7.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.78 | 14225 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 285 | 7.750 |
1 | 27 | 7.690 |
1 | 401 | 7.650 |
1 | 3000 | 7.610 |
1 | 131 | 7.600 |
Price($) | Vol. | No. |
---|---|---|
7.800 | 10000 | 1 |
7.820 | 2833 | 2 |
7.850 | 25000 | 1 |
7.860 | 190 | 1 |
7.890 | 1650 | 3 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |