LYC 0.46% $6.47 lynas rare earths limited

CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong...

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    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.
 
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
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