Not sure what all the fuss is about, no break of the triangle either way yet, personally wouldn't enter a short or long position while the SP is within the triangle - just gambling really.
For all the believers, vv26 stated:
"Descending Triangles can lead to a breakout EITHER WAY with a downward move only being 64% of the time."
Only 64%!!! Haha, and a whopping 36% chance of an upward move!!! I'm sure all the believers are very relieved :)
Not sure what all the fuss is about, no break of the triangle...
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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 |