LYC 1.65% $6.15 lynas rare earths limited

cold water, page-35

  1. 86 Posts.
    If $2.30 was wasnt broken with a close above that price, then a wedge the pattern may have been, but we have seen higher lows and now higher highs.....that equals an uptrend, simple.the analysis and patern prediction was seemingly a few days early. A closing break through $2.20 would change that in the short term and muddy the pattern. The down trend from 2.70 was broken on the 18th with confirmation yesterday with the close above resistance at at 2.30. the all ords now needs to break its own downtrend in the next 3-5 or so trading days, with a potential bullish upsidedown H and S pattern set up. Close 1% or so above 4800 and a retest of around 4800 with a bounce would give me great comfort coming into the usual july reporting season rally. the last two daily pull backs at 2.22 and 2.31, have been right on my targets, and volume has been good. got back from fiji last night, so have bought today at 2.32, as i promised myself i wouldnt trade till i got home, lol. practice in disiple i sorely sorely needed. you can only trade what you see, and this is what i have seen, hope im right!
 
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Last
$6.15
Change
0.100(1.65%)
Mkt cap ! $5.748B
Open High Low Value Volume
$6.18 $6.37 $6.08 $26.63M 4.279M

Buyers (Bids)

No. Vol. Price($)
3 17840 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.17 8880 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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