LYC 2.27% $7.90 lynas rare earths limited

Technical, page-2027

  1. 7,665 Posts.
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    Would you care to Explain your opinion I cannot see what you are saying at all.
    Lynas YTD down 29.5% ASX 200 down 7.5 % Lynas is falling much faster than its pears.
    I use DMA I think more people understand it better. I do not think you know this but yahoo has a problem if you use periods of less than 3 months ?Yahoo truncates the data set and have crazy output. EMA and DMA should never change results base on the time window. If the time window is 1 month they should still use 200 market days of data for 200 DAY MA and results should not change. Again in spite of your handle you show how little you know.

    200 DMA 8.91
    100 DMA 8.41
    50 DMA 8.40
    Lynas stock price 7.78
    Combine that with a -29.5% change in SP YTD says this is falling rapidly Keep fooling your self.



    Read my reply to warren. it is a bug in Yahoo software. If I run the same study on MS window size does not change the DMAs or EMAs at all. Unfortunately I can not find another stock page that you do not have to join to see data. Your statement "I reckon it shouldn't be possible to alter the future by taking a different run-up to it." is absolutly correct. Warren has a long history of changing the input data to achieve the results he wants.
    don't see any consolidation at all just a steady down slope.

    The following new Lower highs and lows have been set with no interruptions. most people consider 3 a trend indicator there are 6 here.

    12/1 9.02. 12/5 8.68. 12/8 8.52. 12/13 8.27. 12/18 8.23. 12/ 21 8.07

    Same is true for lower lows.
    12/4 8.64 . 12/7 8.53. 12/12 8.23, 12/14 8.11. 12/19 7.94, and with last nights uptick 12/29 7.23

    Now please explain where in your chart or a series of new low and highs you see a consolidation. before a major move up. It is possible it could change tomorrow and soar upward. I do not think it is likely.
 
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