If you had that kind of foresight Matty one would have purchased at $1.00 a few weeks ago. Charts didn't predict the 50% price increase in such a short period.
That isn't to say i don't support charting as i do, It is a fantastic tool to aid in timing trades (Barnsty and Haspete charts are must reads imo).
Comes a time though when you just have to pull the trigger and buy if you want to be a long term buyer of a stock.
Ever bought a TV and noticed the same model cheaper over time? Ever bought a property and later discovered another property in the same street went cheaper even though it was theoretically worth more than yours?
Timing has to come into it is my point.
lyc range chart, page-28
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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 |