LYC 0.91% $6.50 lynas rare earths limited

My trading year continues; buy below ~8 sell above ~9, build...

  1. 6,199 Posts.
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    My trading year continues; buy below ~8 sell above ~9, build shares. Fourth time already.

    The forum's "official" Chart/Technical thread has fallen down the list rather quickly. I think it makes sense given very bright news cycle, but not everyone will agree, as usual. Other investors are all in on TA regardless. At present the human hopes and fears that drive TA are still in play, but imho they are at the mercy of the news.

    A year of a sideways bear has shook the tree good and many investors have left, not without good reason. Many remain.
    So who has been buying Lynas to maintain the price? The people who look further in time for more certain gains.

    DYOR

    https://hotcopper.com.au/data/attachments/5056/5056694-3f96e565324ae748e02ca7037060c8b3.jpg

    Current short interest with an additional 0.2% of LYC shares were sold short in the week beyond that displayed in the chart. Make of it what you will.

    https://hotcopper.com.au/data/attachments/5056/5056724-149335463db23801728387419371dd45.jpg
    DYOG.
 
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Last
$6.50
Change
-0.060(0.91%)
Mkt cap ! $6.075B
Open High Low Value Volume
$6.42 $6.51 $6.38 $19.90M 3.076M

Buyers (Bids)

No. Vol. Price($)
1 1300 $6.48
 

Sellers (Offers)

Price($) Vol. No.
$6.51 8632 2
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
$6.51
  Change
-0.060 ( 0.69 %)
Open High Low Volume
$6.42 $6.51 $6.39 904490
Last updated 15.59pm 01/05/2024 ?
LYC (ASX) Chart
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