LYC lost 8c or -2.94% closing at 2.64 today.
It gaped down on open and hit a low of 2.65 at 11:20AM. Then it was trading in a narrow range between 2.68 and 2.65. The post 4PM auction resulted in the loss of another cent, closing at a new low of 2.64. This is a negative.
Features of the day:
- Lost all the gain this week.
- Just 1c above 61.8% Fibonacci level of 2.63.
- Still inside the short term uptrend channel.
- But it flipped both short and long term Stochastic crossing to the downside.
- However MACD still > 0 and RSI > 50, it's not the end of the world.
What to watch for:
- I have changed my sentiment from Buy to Hold.
- In the absence of positive news for LYC, the SP would drift with the market's sentiment.
- Next few bars would be critical. If it drops out of the short term uptrend channel, we would re-evaluate the chart patterns.
- Forums
- ASX - By Stock
- Today's chart & trading
LYC lost 8c or -2.94% closing at 2.64 today. It gaped down on...
-
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.72 |
Change
-0.050(0.64%) |
Mkt cap ! $7.216B |
Open | High | Low | Value | Volume |
$7.75 | $7.75 | $7.59 | $16.17M | 2.104M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | $7.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.75 | 5834 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 7.710 |
1 | 7544 | 7.690 |
1 | 7544 | 7.680 |
2 | 28722 | 7.670 |
2 | 14421 | 7.660 |
Price($) | Vol. | No. |
---|---|---|
7.750 | 5834 | 5 |
7.760 | 13410 | 7 |
7.770 | 12269 | 6 |
7.780 | 13658 | 2 |
7.800 | 2194 | 4 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online