Hi budda, na not absorption, that term is normally only used ... at a resistance area when the pros are willing to buy the selling ie. absorb
This imo is simply a support bounce (plus the overall markets went well), third time lucky hey
But now, it has to prove itself by at least putting in a higher low, we can all see on the chart what target it has to reach first for part of that to be acheived.
If a HL is confirmed and it shows 'testing/no supply etc' in that area, all aboard.
Hi budda, na not absorption, that term is normally only used ......
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |