Sorry for so many replies, just answering everyone.
Dan, if a short term trader is doing what they are supposed to, they would never lose 30%, placing stops under support within 2 or 3%. Upisde is unlimited, downside is limited to 3%.
Not sure I underatand your point, if I was out of Lynas and you got a great announcement and I missed it, I wouldn't lose anything, I'd focus on one of the other 30 stocks I have on my watchlist and make some money from them.
Mind you I have been guilty in the past couple of weeks, getting stung on ACR and BLY which I mistakenly trusted fundamentally. That'll teach me.
I hope you all make a motza, these are my trading views only.
technical view, page-11
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Last
$6.29 |
Change
0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.25 | $15.56M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16021 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 18021 | 4 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |