In the search for explanations for today’s action, could it be simply MS/Mitsui or someone kicking the price down unexpectedly so they can get a big buy order through tomorrow at a decent average price.
I’m backing botfodder and looking for a bounce off $1.24 and finish up tomorrow.
I wanted to post a simple chart, but technology got the better of me. If anyone wants to have a look there’s a rising channel formed by 26th Sept @ $0.857, 24 Nov @ $1.030, 28th Dec @$1.125 and 20th Jan @$1.18 and tomorrow 15/2@$1.24? Top line is 11thOct@$1.35 and [email protected]. Everything fits within this channel except that little anomaly where we fell out of it in thin Xmas trading. Mitta will tell me the channel was therefore broken, but it still seems as good a guide as any other charts to me.
yippee gap filled, page-17
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Last
$6.94 |
Change
0.070(1.02%) |
Mkt cap ! $6.486B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.04 | $6.88 | $23.17M | 3.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $6.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 13052 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |