CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong volume, CNRE up ~30% from low, Shenghe ~50%, together with improving REO prices pretty solid indicators the trend has switched positive, the bottom was made in Feb.
https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-
https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-
With Lynas moving into Q4 with forecast production 750tpm reasonable assumption the SP is making a bottom about now, the mkt should shift to accumulation mode before much longer, particularly given a reasonably positive QR.
CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong...
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Last
$6.74 |
Change
-0.140(2.03%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.75 | $6.83 | $6.72 | $13.84M | 2.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4099 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 3692 | 5 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |