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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Add LYC (ASX) to my watchlist
 (20min delay)
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |