LYC 0.77% $6.56 lynas rare earths limited

With respect ionshield the large player/s that are accumulating...

  1. 57 Posts.
    With respect ionshield the large player/s that are accumulating would take very little interest in these reports. From information released to the market we can see that they have the ability to short approximately 1 million shares per day. This leads to the question - how many then are they buying? Price action and market structure suggests that they have the ability to move the (LYC) market. They will keep quietly accumulating until price reaches around 7-9 cents by which time mum and dads will finally realize that the trend has changed. The mum and dads will then provide liquidity and buying pressure to do some of the heavy lifting for the large player/s. The large player/s will then slowly start distributing by selling into the upswing fueled by the mum and dads. Careful distribution coupled with excited mum and dads will of course drive the price even higher.
 
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Last
$6.56
Change
0.050(0.77%)
Mkt cap ! $6.131B
Open High Low Value Volume
$6.51 $6.59 $6.49 $8.348M 1.273M

Buyers (Bids)

No. Vol. Price($)
4 16304 $6.55
 

Sellers (Offers)

Price($) Vol. No.
$6.56 2708 2
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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