Long wide spread down bar on large volume...... so is it the final shakeout or just prepping for the next leg down??
SS, all will shortly be revealed
The high volume that resulted yesterday shows demand was prepared to absorb the supply on your shakeout. Be on the lookout for any future low volume testing and that will most likely occur back down near those lows. If this does occur it could resemble the similar shakeouts of 10Feb09/08Jul09.
Long wide spread down bar on large volume...... so is it the...
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Last
$8.34 |
Change
-0.050(0.60%) |
Mkt cap ! $7.801B | |||
| Open | High | Low | Value | Volume |
| $8.28 | $8.38 | $8.22 | $35.57M | 4.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61 | $8.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.35 | 38828 | 3 |
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| Last trade - 16.17pm 02/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |