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..
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I posted my charts under the other thread but I'll re post here...
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Last
$6.05 |
Change
-0.055(0.90%) |
Mkt cap ! $5.655B |
Open | High | Low | Value | Volume |
$6.03 | $6.08 | $6.03 | $4.467M | 738.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 59355 | $6.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.05 | 22916 | 74 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 59751 | 6.040 |
25 | 43867 | 6.030 |
16 | 48184 | 6.020 |
16 | 104374 | 6.010 |
45 | 76833 | 6.000 |
Price($) | Vol. | No. |
---|---|---|
6.050 | 12587 | 58 |
6.060 | 18780 | 27 |
6.070 | 33720 | 24 |
6.080 | 44742 | 15 |
6.090 | 19268 | 9 |
Last trade - 14.03pm 22/07/2024 (20 minute delay) ? |
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LYC (ASX) Chart |