Hi timmo, when I look at potential supply I try to frame it in terms of has it been dealt with? i.e. revisited. The best potential supply is a sideways range that has broken a lot lower so you know people are trapped there and haven't had a chance to get out so expect a bounce when you get back to these areas. With LYC, it had the massive auction at 64c then ranged between that and 60c then broke down to 55c. After a little while trawling the lows we had 2 big days which went up to 63.5c giving those trapped a chance to get out even and then if they chose not to accept then the option to be shaken out at a loss. Then had very low volume for a few days (no supply) but protecting the 57.5c mark and keeping out the bottom feeders (like me :) and potential weak holders scalping the bounce off major support at 55c. No idea what will happen next, feels like a pump and dump, 10% not bad for a few days' work.
2013, the adventure begins , page-37
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Last
$6.80 |
Change
0.000(0.00%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.85 | $6.89 | $6.77 | $9.256M | 1.356M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | $6.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 13181 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | 6.790 |
2 | 6000 | 6.780 |
3 | 12113 | 6.770 |
2 | 25312 | 6.760 |
2 | 12498 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 9043 | 4 |
6.820 | 20113 | 5 |
6.830 | 8832 | 1 |
6.840 | 8832 | 1 |
6.850 | 9432 | 2 |
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