Well you're not gonna get a spring until support is breached and the last time we were at support was 8 trading days ago, which is probably why you've been waiting for the spring for days now lol :)
The spring forms when the pros take the price below support to run stops, trick amateur shorts into taking a position then having to cover adding fuel to the up move.
Not saying a spring is definitely going to form, but if it does, it's bullish. They may just break through support and keep going.
Well you're not gonna get a spring until support is breached and...
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Last
$6.30 |
Change
-0.110(1.72%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $1.763M | 280.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 18090 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 12141 | 27 |
View Market Depth
| Last trade - 10.55am 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |