Text me if you have any questions/comments for me.
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LYC
- Previous analysis was done on 14 Sep - Suggested waiting for a retracement and successful rebound
- Since then, the stock tested $8 levels and today broke through the short- and mid-term supports with above average volume
- Stock is exhibiting high price volatility and may not be suitable for all types of traders
- A successful rebound looks to be close to 7.50 levels
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs and Higher Lows
-----
LYC
- Previous analysis was done on 14 Sep - Suggested waiting for a retracement and successful rebound
- Since then, the stock tested $8 levels and today broke through the short- and mid-term supports with above average volume
- Stock is exhibiting high price volatility and may not be suitable for all types of traders
- A successful rebound looks to be close to 7.50 levels
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs and Higher Lows