I bought a small parcel of LCT a long time ago simply because my wife has Parkinsons and I liked the sound of their progress on drug development. Alas, I'm still holding most of these as the shares, at their current price, are really not worth selling. I thought I'd inject a little hope into what is a fairly depressing thread (perhaps levity might be a better description because I don't really expect the following to pan out - but you never know!)
I'm a chartist and noticed the other day that LCT has made what is known as a Wyckoff pattern that says from the recent low, prices should keep slowly rising with ever higher highs and higher lows. While based on low volume and microscopic prices, LCT has (on a daily chart) been making higher highs and lows since that spike down (a 'spring' in Wyckoff terms). Interestingly, a sequence of higher troughs and peaks hasn't been seen since Sept 2018 before the run up to a material spike in price.
Wyckoff comes with a target calculation for a likely high (assuming the pattern keeps to the theory). This is equally rubbery because of the data but it suggests about $0.037.
If it comes to be none will be more surprised than me!
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.81M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4953270 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2162541 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4953270 | 0.007 |
9 | 2486749 | 0.006 |
6 | 4410009 | 0.005 |
5 | 6065000 | 0.004 |
2 | 2600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2162541 | 14 |
0.009 | 2278303 | 12 |
0.010 | 2350288 | 3 |
0.011 | 1490400 | 3 |
0.012 | 363666 | 3 |
Last trade - 10.14am 13/09/2024 (20 minute delay) ? |
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