All chart indicators are pointing upwards and there seems to be a lot of bot buying today. Also, any big sell orders are taken out rather quick. If she can finish the day at 7.90 or above, it would be a great day. There is still a lot of work to be done to get above those moving averages and reverse the trend but I'm sure that will also come. Patience is required. In times like these one should go back to the basics of fundamentals and remind ourselves why we invested in this gem to start with. Lynas is a perfect example of where we will eventually be in 3-4 years. If you believe in the company, then accumulation should be your strategy. We are in the early days and these things take time.
If anything, this Russia situation will just fast track our progress IMO. Look at the oil and gas prices. Another reason to look for a cleaner alternative source of energy. UK alone will need to build one wind turbine per day between now and 2030. That's 26,000 tones of NdPr. YES that's UK alone!!!
No one can tell what the markets will do. Yesterday was an exact case in point. We sold off like crazy only to recover back today. If you believe in the company, the people running it and the future fundamentals, then as a long term investor all one can do is take the opportunity that arises in front of us. Can the price go lower? It always can, but if you're in for the long haul, all you'll see will be a blip on these charts. Follow what the company does and use the charts to accumulate.
Not advise, just my point of view!!!Household energy bills are set to hit £3,000 this year and petrol could rocket to £1.70 a litre as economic shock triggered by Moscow tightens the squeeze on cost of living
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Last
56.0¢ |
Change
-0.070(11.1%) |
Mkt cap ! $101.5M |
Open | High | Low | Value | Volume |
61.0¢ | 64.5¢ | 56.0¢ | $247.8K | 417.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8141 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 10584 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8141 | 0.560 |
1 | 5000 | 0.555 |
4 | 50543 | 0.550 |
1 | 5405 | 0.545 |
2 | 90618 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 10584 | 2 |
0.595 | 15000 | 1 |
0.600 | 13000 | 1 |
0.625 | 8547 | 1 |
0.630 | 3412 | 1 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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