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.
We closed above $8.30 and 20 day EMA. $8.50 will potentially be...
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.05 | $6.08 | $6.03 | $35.68M | 5.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34152 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.06 | 9172 | 2 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |