LYC 1.72% $7.70 lynas rare earths limited

REE prices., page-181

  1. 550 Posts.
    lightbulb Created with Sketch. 28
    I'll bite wayward!!! Why don't you use any of those indicators and more importantly what do you use?

    I do use the RSI but that is the only indicator i use (though Bollinger bands and averages sometimes appear on my charts because i am too lazy to remove them from the default settings). I have always felt it was a good visual representation of the strength of movements but generally only look at it to look for bearish or bullish divergences (ie not the absolute numbers).

    I have seen some research papers that suggest there was no evidence for using MAs and never used them myself or saw need to. I did read parts of the paper you posted on the charting forum which i thought suggested there might actually be some evidence for MAs but am probably mistaken (it was pretty dense).

    I rely more on patterns and volume but that's what i learned on to start. And i don't use it on penny stocks for previously stated reasons. Always keen to learn more though.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.70
Change
0.130(1.72%)
Mkt cap ! $7.197B
Open High Low Value Volume
$7.62 $7.70 $7.52 $35.79M 4.688M

Buyers (Bids)

No. Vol. Price($)
1 12728 $7.63
 

Sellers (Offers)

Price($) Vol. No.
$7.70 33134 4
View Market Depth
Last trade - 16.10pm 26/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.