Oyyp, LYC ran 10% from 63c, not a bad trade. Many still trapped at 69c to 73c from the recent feel good announcement. Why would the pros waste their money pushing through all those potential sellers. Easier to gap over them or shake them out. If LYC opened at 75c tomorrow it would be a great buy with a tight stop coz it suggests the pros wanna push it higher to sell out without absorbing those trapped but most would just think it was at 65c yesterday so gonna wait til it comes back down then realise maybe at $1 it's not coming back and buy in just in time for the long journey south. Trend wasn't broken today and back at trend so not really that bearish just yet. Personally think the pros are in long and just shaking out the weak now.
Oyyp, LYC ran 10% from 63c, not a bad trade. Many still trapped...
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Last
$6.02 |
Change
-0.030(0.50%) |
Mkt cap ! $5.627B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.08 | $5.88 | $43.41M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6279 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 31762 | 5 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |