What a lot of bulldust on this topic. The share price has gone completely with the fundamental position that the company has managed to place itself with for eternity.( seems like eternity anyway). Reading the "gaps" etc are no better than reading tealeaves.
There is a fundamental reason for all the performance SPO wise as far back as you can see and it will be fundamentals like plant performance, sales, sale price and management and board decisions that affect the SP going forward.
Any result that parallels the predictions of the technicals is purely a coincidence, nothing more.
My resolution for the new year is to continue to monitor my stocke daily. If on that particular day I think a stock is too dear I will sell. If I consider it cheap I will place a buy order. The past is the past. Hindsight is not possible. Looking back I would have done many things in life differently, including holding Lynas as long as I did. Looking forward I am still buying at todays price as I believe the tide has turned(fundamentally). Nothing whatsoever that will happen in 2014 is already written in the charts. It is a new year with new results to come.
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- off to 32c and beyond soon ?
off to 32c and beyond soon ?, page-101
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Last
$7.85 |
Change
-0.090(1.13%) |
Mkt cap ! $7.337B |
Open | High | Low | Value | Volume |
$7.78 | $7.85 | $7.70 | $22.48M | 2.878M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2285 | $7.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.85 | 6431 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2285 | 7.830 |
1 | 8412 | 7.810 |
2 | 4697 | 7.800 |
1 | 22173 | 7.780 |
3 | 20906 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.850 | 6431 | 1 |
7.860 | 12680 | 3 |
7.870 | 9773 | 1 |
7.880 | 4000 | 1 |
7.900 | 15611 | 2 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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LYC (ASX) Chart |