Trading in a falling wedge (four hour chart) - break above with volume , good potential for 2.29 previous major pivot low now a resistance point. Major danger if this pattern fails unless it is a clear false break below.
Falling wedge definition for anyone interested.
http://stockcharts.com/school/doku....nalysis:chart_patterns:falling_wedge_reversal
Today's chart & trading, page-415
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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
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |