A sell by Deutsche bank on Lynas Corportation has certainly not been the catalyst to move the share price
The volume today is quite mediocre so far
As quarterly announcement is so close, based on previous volatility one would expect the share price to gain momentum
There have been several price movements/surges - both ways on the previous 8 months
If my memory serves me correctly
55 - 74
48 - 70
35 - 48
It is not about value, but history repeating itself over and over again
This upcoming report will certainly determine the direction for Lynas shares short term
Risk/reward is currently the name of the game
As can be seen by the above figures a 40 percent swing has occured in most cases
The above is only my opinion and should not be construed as investment advice
what catalyst is needed to move lynas up/down
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Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.35 | $6.20 | $5.143M | 819.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9187 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 7667 | 15 |
View Market Depth
| Last trade - 12.06pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |