It was to be expected...if we look back to the 26/10 opening 30min, there was an extreme change in the amount of volume and the sp movement from 5.5-6.2. That's a lot of resistance that has to be dealt with in the ST. Unfortunately, despite the rally on Friday, volume was not enough to deal with that resistance zone. 26/10 volume including chi-x was in excess of 70mil - you can't get through that without a significant increase in daily volume (positive volume) - there are a lot of trapped punters, that just want to get their money back - psychology of the market comes into play. You might say, that's a very simplistic way to look at it, and you would be right. With Lynas, it should be accepted as the norm!
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | 6.220 |
2 | 50325 | 6.210 |
3 | 18949 | 6.200 |
1 | 22631 | 6.190 |
1 | 81 | 6.180 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 53073 | 5 |
6.260 | 17945 | 4 |
6.270 | 16511 | 5 |
6.280 | 26784 | 3 |
6.290 | 37117 | 6 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |