CJ dont use my charts to feed your rhetoric.
From a current chart perspective, we have hit a double bottom at extremely oversold conditions @ $6.40 and should bounce from here. The chart is more indicative of sideways movement waiting on a catalyst, fluctuating between $6.40 support and $6.93 resistance. Unsurprising to market followers, weak overall market conditions aren't doing us an favors, but equally there is no technical break-down on the share price. GLTA
This is also a very seasonal occurrence that occurs throughout the market coming into the final Quarter, but can hopefully be smoothed out when there is more stability and certainty surrounding Lynas moving forward:
High $10.32 in late August 2022, bottoming $7.31 in October 2022, before bouncing into early 2023
equally in early September 2021 a high of $8.05, before bottoming in October 2021 at $6.20, then would run up into early 2022
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LYC
lynas rare earths limited
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3.48%
!
$8.88

Technical, page-2435
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Last
$8.88 |
Change
-0.320(3.48%) |
Mkt cap ! $8.306B |
Open | High | Low | Value | Volume |
$9.44 | $9.44 | $8.86 | $61.13M | 6.800M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 225 | $8.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.91 | 24100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 8.880 |
1 | 80 | 8.850 |
1 | 508 | 8.830 |
1 | 675 | 8.820 |
6 | 3145 | 8.800 |
Price($) | Vol. | No. |
---|---|---|
8.930 | 200 | 1 |
8.950 | 200 | 1 |
8.960 | 650 | 1 |
8.990 | 164 | 1 |
9.020 | 1100 | 1 |
Last trade - 16.11pm 27/06/2025 (20 minute delay) ? |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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