LYC has dipped back to its underlying support uptrend line and bounced up off same this week. I'd suggest it is now primed to resume its climb. I'd see the next jump to take price to around $6.40 ($6.49 is the theoretical calculation but their is resistance at $6.38. Interestingly, theory also suggests the next major pullback for LYC (Wave 4 for the Elliott Wave nerds) could happen around $7.80. Looks good - but remember theory is just that, not a crystal ball.

LYC 5Feb2021

8 January 2021

LYC has broken above resistance to suggest a target of $5.00. Strongly rising making higher troughs and peaks it has a bullish chart.

LYC 5Jan21


Robert Norman

Phone: 0428 346 951

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