LYC 0.39% $6.38 lynas rare earths limited

Not that many seem to follow my posts (I struggle for every...

  1. 1,867 Posts.
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    Not that many seem to follow my posts (I struggle for every thumbs up!) but given that I’ve posted a lot in the past couple of weeks and don’t wish to mislead, I just thought I needed to put on record that the little run this afternoon actually created a combination of conditions under which I’ve had to close my short position.

    I haven’t changed my outlook from earlier posts at all, I think the fundamentals are shot and I actually didn’t see this coming until I did a detailed review of my positions this afternoon, but rules are rules in trading and short term, the technicals have to override any fundamental view.

    Seems like too many holders have stuck their shares in the bottom drawer and the remaining punters want to take this for a little run.

    Good luck all.
 
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$6.38
Change
-0.025(0.39%)
Mkt cap ! $5.954B
Open High Low Value Volume
$6.46 $6.47 $6.36 $13.23M 2.070M

Buyers (Bids)

No. Vol. Price($)
51 11929 $6.37
 

Sellers (Offers)

Price($) Vol. No.
$6.38 52792 82
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Last trade - 14.48pm 15/07/2024 (20 minute delay) ?
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