LYC 2.15% $6.65 lynas rare earths limited

CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong...

  1. 19,577 Posts.
    lightbulb Created with Sketch. 4948
    CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong volume, CNRE up ~30% from low, Shenghe ~50%, together with improving REO prices pretty solid indicators the trend has switched positive, the bottom was made in Feb.

    https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-

    https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-

    With Lynas moving into Q4 with forecast production 750tpm reasonable assumption the SP is making a bottom about now, the mkt should shift to accumulation mode before much longer, particularly given a reasonably positive QR.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.65
Change
0.140(2.15%)
Mkt cap ! $6.215B
Open High Low Value Volume
$6.57 $6.69 $6.56 $26.32M 3.971M

Buyers (Bids)

No. Vol. Price($)
1 7842 $6.64
 

Sellers (Offers)

Price($) Vol. No.
$6.66 59701 5
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$6.62
  Change
0.140 ( 1.78 %)
Open High Low Volume
$6.56 $6.69 $6.56 4984870
Last updated 15.59pm 07/05/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.