It seems that my latest post was not appreciated by someone within the LYC readership so I will rephrase it in order not to upset anyone.
My prediction is that based on current trend we should see the shareprice reach $1.- within three weeks.
This is so because since the election (discounting the day after the election) the shareprice has gone up each day on average by 2.5c on good volume.
Secondly the buy side finally is often close to the amount on offer and today it has been above what is on offer.
Consequently if this current trend continues we can expect the price to be back to $1.-.
In my previous post I said tongue in cheek 'technichal analysis' (Think of "blue steel" in Zoolander (for pronounciation stress the a)) I was hoping that by introducing the spelling error people would realise that it is not real technical analysis. I apologise for any inconvenience caused.
It seems that my latest post was not appreciated by someone...
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |