azheng2649

LYT - Looking for a 10% move on entry

NASDAQ:LYT   Lytus Technologies Holdings PTV. Ltd
LYT began trading on the market as of June 15th 2022. Since then it had rallied to the high of $47.23 before nose diving all the way down to 5.15 in one day. (No news that I found to substantiate this move) The days to follow had it rally to the lowest point of $4. 01 . From there it had a nice rally over a few days to the high of $7.41 before pulling back down again. Since then the stock has been steadily consolidating above the $5 zone which is where I find it being its support zone . I will be watching this more closely for an entry in the $6 zone if the technical setup lines up. I would be looking for a 10% move from that point (Not financial advice)


Link on the most recent news from June 17th 2022 below

https://finance.yahoo.com/news/lytus-ann...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.