@jason,
Sure you may not have picked the spike that occured with LCT yesterday, but the chart now gives an entry on the daily and the weekly
As expected there was a massive retrace today so even a biotech like LCT has just shown that you could still get a good entry even if it has had a big spike.
And the other thing with LCT is that there are many people that have bought this stock way above the 10cent spike that it hit yesterday. Yes, they have done similar to what holders in PRR have done.
Seen their stock retrace from 40 to 5 then spike to 10.
That makes it relevant as you point out with PRR, because even if PRR has a massive spike it shows there is always time to enter a stock.
And for all those people that bought at 28cents and above would have still been better selling out and waiting to buy back.
Just the same with LCT, just because it has had a big spike, for many people holding at multiples higher than yesterdays spike would have been better not holding on the way down.
So having presented the above, the charts do mean a hell of a lot!!!!!!
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40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2506 | 39.5¢ |
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Price($) | Vol. | No. |
---|---|---|
40.0¢ | 8079 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62000 | 0.390 |
4 | 33064 | 0.385 |
8 | 91570 | 0.380 |
1 | 100000 | 0.370 |
4 | 24220 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 41895 | 3 |
0.415 | 130388 | 7 |
0.420 | 550003 | 10 |
0.425 | 39700 | 3 |
0.430 | 13701 | 3 |
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