STTCOMP LYC TA SHORT
Lynas Corp
Mcap $2b
Was driven up by the perceived China REE restrictions and subsequent commodity price hike. After such an explosice move, I'm expecting the price to retreat back to the MAs to around ~2.20 to consolidate the gains. Hanging Man on the weekly suggests a move down may be on the cards. Gap on the daily ~2.10 may be get filled over the next few weeks. Dsily MACD looking to cross over the next few days.
Watching.
Short Term Trading Weekend Lounge: 7-10 June, page-28
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Last
8,013.8 |
Change
11.000(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,002.8 | 8,061.9 | 7,998.5 |
| XAO (ASX) Chart |