LYC 2.36% $6.06 lynas rare earths limited

i can smell it, again, <0.03 this month?, page-94

  1. 26,984 Posts.
    lightbulb Created with Sketch. 4617
    Thanks Mitta, guess the 99% were sell signals, LOL. So, playing along and trying to learn something ... my very brief research tells me the Darvas Box is formed when essentially, SP hits high in a new uptrend then stays below it for 3 days then hits a low and stays above it for 3 days... Or something like that. So you buy when the SP goes back above top of box with a stop loss on old top of box ( and I assume vice versa opening a short if SP goes below bottom of box in a downtrend? )
    Cant quite figure out from what I am just reading though, where I take my profits? So it's not predicting a specific SP or timeframe, is the theory just to ride it until a new box top is formed, ie after it spends 3 days under a new high? If so, OK, I get it, thanks.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
0.140(2.36%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.02 $6.12 $5.97 $11.52M 1.904M

Buyers (Bids)

No. Vol. Price($)
3 12791 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.07 13019 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.