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
$6.96 |
Change
-0.050(0.71%) |
Mkt cap ! $6.505B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.04 | $6.93 | $78.03M | 11.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 190317 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 19802 | 1 |
View Market Depth
| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |