LYC recovered 50% of its loses since falling below 2.49
Share prices are heading towards a critical resistance level at around 2.35 and need to break and hold above this crucial level to continue to the upside. Share prices could fall to 2.28/2.23 if it fails to break at 2.35.
The medium to long term trend is still up, and as long as it remains within the price channel, we could see prices continue and retest major price level marked on the chart.
Share prices are heading towards a critical resistance level at around 2.35 and need to break and hold above this crucial level to continue to the upside. Share prices could fall to 2.28/2.23 if it fails to break at 2.35.
The medium to long term trend is still up, and as long as it remains within the price channel, we could see prices continue and retest major price level marked on the chart.