LYC 0.00% $6.40 lynas rare earths limited

buy signal generated, today, page-13

  1. 168 Posts.
    Ok did the back test on the Aussiebulls recommendations for Lynas over the past 12 months.

    The rules I went by were:

    - As the information is given after trade I acted on their recommendation on the open of the following day.
    - If there was a short recommendation I sold.

    - I used the same dollar valuation in each trade.

    Over the year there were 16 buy/sell recommendations after performing the task after the year was up I was 43% down on my investment.

    Over the sixteen transactions only 4 proved profitable.

    Could I back test it differently ?

    At this point no magic bullet sorry to say

    Computer say's Narrrrr
 
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Mkt cap ! $5.982B
Open High Low Value Volume
$6.47 $6.48 $6.34 $20.28M 3.161M

Buyers (Bids)

No. Vol. Price($)
1 12848 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 17965 2
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