I posted my charts under the other thread but I'll re post here for ya mitta and others..
As I said sometimes a chartist has to look at the past to get glimpse of the future.. As for LYC I had to look as far back to May 2009 to see what could lia ahead... I refer to that gap. (circled chart 1) With the sp being so close to that gap, it is now acting like a hole sucking the sp in towards it.. IMO Ganns theory of 3 might come into effect as the sp tries to hold on that %38 fib (Chart 2).. A break below on the 3rd cycle will see that gap getting filled... I wish I could be more bullish about the chart, but market sentiment towards mining stocks is so bearish right now.. Best of luck holders..
tick tock, page-2
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.04 |
Change
-0.060(0.98%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.07 | $6.03 | $1.313M | 217.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2500 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.05 | 14421 | 30 |
View Market Depth
| Last trade - 10.41am 22/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |