Technically this chart looks sick, it has been in a solid down trend since April11. Yesterday it broke down through the continuation triangle that it's been in since late September. In addition, bearish divergence pattern exsist on both MACD and Stochastic indicator's. Lastly, today, it broke down through short term support of 1.095c.
There is long term support at 93c (dating back to Sep09, which mat see some buying come in. this stock has also come up on as a short recommendation by some brokers (for example, ASR).
Good luck.
Technically this chart looks sick, it has been in a solid down...
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Last
$6.53 |
Change
0.185(2.92%) |
Mkt cap ! $6.094B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $6.111M | 939.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3093 | $6.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.53 | 50588 | 42 |
View Market Depth
| Last trade - 14.03pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |