LYC 0.24% $6.28 lynas rare earths limited

tick tock ta week @ $1.285, page-60

  1. 22,593 Posts.
    resourced, sorry completely missed your post of this morning

    If we take a big step back and view what's on the chart, of course we're talking a day timeframe here,

    we'd obviously all wish for the shareprice just to continue in a vertical direction,

    But unfortunately as we all know it don't always work like that,

    I think we may have a little more up in us, but then THAT huge volume of today will have to be 'tested' successfully,

    it may take a little while but that huge gap will no doubt be closed or near to

    if/when it does or when one starts to see some bullish activity happening, that's when it will for me, be safe to enter the water again

    that's what would make a strong case, for I think, of higher prices, if it backtests near the top of the range we just spent 4months in

    just like we had to wait and be patient with that huge volume bar of 25Jan, didn't know for certain what it was made up of but was leaning in one directon fairly hard though, same here, will wait for up to say a week and we'll know for certain

    but of course we can also dream we're in a magical land where prices never retrace :)

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.28
Change
-0.015(0.24%)
Mkt cap ! $5.865B
Open High Low Value Volume
$6.29 $6.30 $6.26 $3.385M 538.6K

Buyers (Bids)

No. Vol. Price($)
27 11714 $6.27
 

Sellers (Offers)

Price($) Vol. No.
$6.28 9170 33
View Market Depth
Last trade - 11.10am 18/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.