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marcdorc

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31/03/22

10:34

Post #: 60541727
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Originally posted by ContraryJ: ↑

Any one care to explain to me what metrics indicate even to day is a fair price.. Funny that when stock goes down this board goes quite yet every up movement brings out all the we are going to $20 and beyond profits.

My guess is just like all the pros are saying we will have the typical head fake right before a recession. My guess is Lynas will hit 12 maybe even 13. Look at charts of pass recessions. This is needed to start a rapid fall. I even heard a 60 second sound byte on my locale news last night asking if the inverted yield curve meant a recession for sure. The "expert" said it would go up first then fall about September. Nothing is guaranteed. but when you see as many things as we have seen since June it is becoming highly likely. Here is a plot of S&P which was hit worse in DOT COM and fell by about 50 %. Many stocks went to Zero and never recovered. Also a chart of DJI during banking crisis which loss 50 % of its value and many banks collapse. Even Merrill lynch and Bank of America had to merge to survive. The NYSE went broke and had to be sold to a EU firm a couple of years latter and is no longer the biggest exchange or most regarded. note top and bottoms before changes they are long with a clear flat spot. Anything with a V shape is most likely a false indicator. This is why I say wait for a 10 % movement after a clear bottom or top

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Thank you CJ, but sometimes we (on this board) just like to have a bit of fun.

LYC Price at posting: $10.81 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $10.04		Change -0.090(0.89%)		Mkt cap ! $9.424B

Open	High	Low	Value	Volume
$10.13	$10.14	$10.01	$8.158M	808.7K

Buyers (Bids)

No.	Vol.	Price($)
15	4686	$10.04

Sellers (Offers)

Price($)	Vol.	No.
$10.05	6128	26

View Market Depth

No.	Vol.	Price($)
7	1423	10.060
27	9898	10.050
22	12944	10.040
17	23332	10.030
14	20106	10.020

Price($)	Vol.	No.
10.070	5803	21
10.080	5121	12
10.090	9048	14
10.100	12135	15
10.110	14182	10

Last trade - 11.16am 22/07/2025 (20 minute delay)

LYC (ASX) Chart

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