LYC 2.81% $6.23 lynas rare earths limited

Nice performance today ?As per the normal drill, or should I...

  1. 22,593 Posts.
    Nice performance today ?

    As per the normal drill, or should I say, everyone bar a LT holder, today will have to be treated with extreme caution imo, for that high volume may very well be a lot of their supply. Wont know until we see what or how the following bars behave.

    Will tomorrow bring -

    1. With big resistance just above, a huge amount of volume/spread to take it on

    2. a whimper of an upday, reduced volume/spread = 'no demand'

    3. a complete reversal south

    4. a Trading Halt

    5. my lotto numbers come up

    6. a downbar on reduced volume/spread = 'testing'

    All these high volume bars need to see 'testing', have some of them passed the test, or will it fail and revisit the classroom


    day chart



    cheers phil, a bit flukey hey ;)
 
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
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