All the fundamentals are lining up for Lynas, unless I'm very much mistaken and yet the technicals are still ugly. Is it just a question of riding out the warrants selling, I cannot think of any other explanation, surely there's only so much technical selling without specific reason that can be self sustaining before it reverses course. Not that much stacked on each line on the sell side, it has the look to me of a sharp snapback, but maybe that's wishful thinking? Any clue from your charts, WW, whether my instinct is correct, or are we going to grind down further in the ST?
Doudou - re: 1st post above - I know the feeling
todays chart, page-12
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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 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |