Think of it as driving on your holiday without a roadmap. How do you think you will go?
irrelevent analogy
charts are not a 'roadmap'
charts do not factor in:
1. commmodity prices
2. mining issues, such as grade control
3. production problems
4. political problems
the road map is fundamentals
currently:
* Ce Oxide 99% min FOB China is down 3.45% to $10 - $13kg
* Nd Oxide 99% min FOB China down to $80/kg
* Sm Oxide 99% min China down to $45/kg
* Y Oxide 99.999% min FOB China down to $48/kg
charts do not factor this in
similarly, charts do not factor in the upside
only FA can create a share price target, based in commodity prices, production output, profit & EPS
good luck Funky Monk with you road map, what follows which way the wind is blowing rather than any meaningful direction
Think of it as driving on your holiday without a roadmap. How do...
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Last
$7.34 |
Change
-0.260(3.42%) |
Mkt cap ! $6.860B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.30 | $32.37M | 4.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84497 | $7.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 23514 | 2 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |