btw cheers botfodder
for anyone interested heres a bit more info on this particular 'pattern', which can also be bullish, also it has less of a success rate compared to its cousins, the symmetrical and ascending
progel, would also add, be careful around any of this companys annoucements, especially the so called good 'FA' ones, as they are quite often simply traps for any new buyers, proof is in the pudding, also be careful of the rampers here, they can be very astray on all ocassions
Lastly, over the last 4years the closing price near this period LYC has had prices of 54cents (2009), $1.62 (2010), $1.16 (2011), and atm 60cents
.............
http://www.investopedia.com/terms/d/descendingtriangle.asp#axzz2FqmatsNW
LYC
lynas rare earths limited
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2.56%
!
$8.39

descending triangle target 29.5c, page-44
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Last
$8.39 |
Change
-0.220(2.56%) |
Mkt cap ! $7.848B |
Open | High | Low | Value | Volume |
$8.46 | $8.63 | $8.34 | $30.33M | 3.601M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | $8.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.40 | 5422 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 8.380 |
1 | 5111 | 8.370 |
2 | 300 | 8.360 |
4 | 3319 | 8.350 |
4 | 2254 | 8.340 |
Price($) | Vol. | No. |
---|---|---|
8.400 | 5422 | 2 |
8.410 | 608 | 1 |
8.420 | 55187 | 7 |
8.430 | 10510 | 1 |
8.440 | 24115 | 2 |
Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
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