Im reading this thread it seems there's little explanation of any change in Lynas fundamentals between today and yesterday. I kind of expected to see something had been reported but not much is there
if I look at the chart today's drop down is similar to the rise around 26 February, it is of similar magnitude of volatility and similar volume, just in the opposite direction ( no specific news then for the up)
This volatility indicates there's some quite a different way the bull's and bears are working to find consensus, and today the bears have taken over based on the rise over the last few months(I suggest a little bump caused traders to cash out, as it hit their stops today)
I expect some more volatility in this frenzy for the next few weeks so hold on
Im reading this thread it seems there's little explanation...
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Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $6.449B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.05 | $6.82 | $28.67M | 4.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11195 | $6.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.91 | 7697 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$6.91 |
Change
0.090 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| $6.99 | $7.05 | $6.83 | 570464 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LYC (ASX) Chart |