LYC 2.36% $6.06 lynas rare earths limited

at the turn of the tide...at first light , page-133

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    Jimdotcom wrote "This (so far) has been the lowest volume at 15m with largest positive spread (so far) @ 10.5c for quite a few years."

    To quote "The Undeclared Secrets that Drive the Stock Market" by Tom Williams:

    "If there is a low volume up day on the very first day of any break-out from a genuine accumulation are, the result is often a rapid one day up move from the accumulation area on low volume. This is NOT a sign of weakness.

    The wide spread up and out on the first day from a genuine accumulation area on low volume is caused by a shortage of stock. In accumulating stock, the trading syndicates would have removed most of the supply that is available at those price levels. This low volume up move out of an accumulation area is therefore an indication of strength."
 
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$6.06
Change
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$6.02 $6.12 $5.97 $11.52M 1.904M

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No. Vol. Price($)
3 12791 $6.04
 

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Price($) Vol. No.
$6.07 13019 2
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