Exactly Dorski, if the fundamentles are good and the chart is good,(or in lycs case fantastic) the odds of coming out on top trading is very good as on average the price will continue upwards. Simply put we are assending in a channel, as long as we continue to do so even if we buy in the to high adventually we will still win as the average price continues to rise.
Should the average price start to fall then we all loose..
cold water, page-33
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |