I'm no expert and am a very long term holder of LYC and wont be selling in the foreseeable future, but it seems to me that the ASX graph for LYC is developing a regular pattern. When the LYC graph drops back it does so only until it meets the daily moving average graph and then takes off again. It has now reached that point and If I am right it is now due to start heading north again. I think fundamentals will take over again as soon as some big players have filled there orders after shorting the price down to where they want to enter.
profit taking, page-67
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Last
$6.30 |
Change
-0.050(0.79%) |
Mkt cap ! $5.888B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.35 | $6.29 | $13.31M | 2.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10973 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.31 | 14462 | 3 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |