Is it just me, or is there a C & H formation on the daily chart. Cup completed 18/7/16 high of 9 completed on 24/1/17 high of 9. Handle in the process of forming. Tested the 24/1/17 low of 8.3 a number of times, each time pushing higher with volume. Looking at the weekly charts, this zone will offer high resistance and would need an enormous amount of volume to get through. Failing that, a period of absorption could get us there.
Is it just me, or is there a C & H formation on the daily chart....
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |