We closed above $8.30 and 20 day EMA. $8.50 will potentially be a resistance point next as that is where the 50 week EMA lies. The $8.70-80 range I highlighted previously is the ultimate resistance zone to break for the bulls to deliver a solid punch to the bears. Until that happens, this could just be a downtrend rally back to the mean before potentially getting pushed back down again. We should know soon the answer though once the price action approaches that zone.
Technical, page-1451
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Last
$6.42 |
Change
0.050(0.78%) |
Mkt cap ! $6.005B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $7.329M | 1.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 9044 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.43 | 20170 | 44 |
View Market Depth
| Last trade - 15.06pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |