Wow! what a great few months this has been for lyc! Was flicking through your money your call the other night and lyc got a mention. The commentator added that we shold be looking to exit at 1.30 as the chart looked too verticle.
Which got me thinking- what are your thoughts on short term downsides vs long term upsides for our baby?
for me the short term considerations was:
- the retracement we are expecting from such a strong past few months
- CGT selling pressure as 12 months comes closer to the subscription date for last years cap raising.
of course, compelling FA will overide any TA preinciple of retracement as this all goes flying out the window if the basket price keepts climbing like it has.
What are you thoughts?
Cheers
Wow! what a great few months this has been for lyc! Was flicking...
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Last
$6.14 |
Change
-0.010(0.16%) |
Mkt cap ! $5.734B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $6.099M | 993.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1584 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 15709 | 43 |
View Market Depth
| Last trade - 14.06pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |