As a chartist sometimes you need to look way back over time to get a idea of what the future may hold... Well the chart tells me I had loo as far back as May 2009 (chart 1) to get an idea of what may lie ahead..
With the sp being so close to that gap, chances are it's going to be filled... With market sentiment as bearish as it can be with mining stocks, it does not paint a good picture sadly... At preesnt it's holding on that %38 fib from 2009 (chart 2)...Longer term, I really do hope LYC can deliver and give holder something to be cheerful about... Best of luck guys..
new support level at $0.37, page-9
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Last
$6.35 |
Change
-0.050(0.78%) |
Mkt cap ! $5.935B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.34 | $19.83M | 3.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11865 | $6.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 3637 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |