LYC 0.50% $6.02 lynas rare earths limited

The poster shakeout has done some good charts, could be close to...

  1. 1,146 Posts.
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    The poster shakeout has done some good charts, could be close to a bottom now if it bounces at the midpoint of his trend channel. I just think prior to any significant up move, the pros are gonna do everything in their power to make sure they have as many shares as possible and as few weak holders as possible along for the ride so even when you know something good is coming along, just wait for the price / volume action to give you an entry. Alkane is a perfect example of how they smash the price just prior to a great announcement, everyone freaks out and sells thinking the announcement's gonna be crap, pros get all the shares and sell them back to the scaredy cats at higher prices. Perfect entry was the nice gap up open at 59c on ALK which locked out the last few days of sellers, then it ripped up.
 
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Last
$6.02
Change
-0.030(0.50%)
Mkt cap ! $5.627B
Open High Low Value Volume
$5.93 $6.08 $5.88 $43.41M 7.258M

Buyers (Bids)

No. Vol. Price($)
2 6279 $6.00
 

Sellers (Offers)

Price($) Vol. No.
$6.04 31762 5
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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