LYC 0.34% $5.93 lynas rare earths limited

short squeeze underway ?, page-71

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    There are 3 Short Term Indicators that show Lynas Corporation as a buy

    7 Day Average Directional Indicator show Lynas Corporation as a Buy

    10 - 8 Day Moving Average Hilo Channel shows Lynas Corporation as a Buy

    20 Day Moving Average vs Price show Lynas Corporation as a Buy


    Perhaps this has got something to do with anticipation of a looming election in Malaysia this Sunday coming

    Last Tuesday volume was half of today's trading

    Maybe will see at least double of last Wednesday's trading tomorrow. If this is the case, and of course short selling wanting to cover, short term investors climbing on board the band wagon - we could see a real surge in share price

    Hopefully volumes of 20 million units tomorrow will confirm this

    The above is my opinion and should not be construed as investment advice



 
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(20min delay)
Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
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