Of course if I use the Technical Analysis it will show a downward trendline and a SELL.
Using this rationale this stock will NEVER turn upwards.
It will turn upwards and fast.
When it does the long timeframe MA's will still tell you not to buy.
I have uploaded this to look at LYC on a micro scale to get an early entry point.
That is why I have included the AussieBull recommendation to avoid shorting.
Attached is a 30min timeframe.
the tide is turning, page-13
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Last
$6.74 |
Change
-0.140(2.03%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.75 | $6.83 | $6.72 | $13.84M | 2.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4099 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 3692 | 5 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |