from a fibonacci retracement perspective, this is well place for a bounce tomorrow when the new week starts...
from a low of 3.7c to a high of 5.2c, this has now retraced to 4.3c - which co-incides with the very important fib level of 61.8%... if this does not find support at 4.3c, then the next low it can/will go is 4.1c - which is the 75% retracement level...
it will be a great day to watch the action tomorrow if this bounces back up from 4.3c... should provide a great level to start the next leg of this re-rating imo....
i can smell it, again, <0.03 this month?, page-33
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$6.13 |
Change
-0.030(0.49%) |
Mkt cap ! $5.729B | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |