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
CJ dont use my charts to feed your rhetoric. From a current...
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Last
$6.56 |
Change
0.090(1.39%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.53 | $6.58 | $6.51 | $14.95M | 2.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 6919 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$6.55 |
Change
0.090 ( 1.39 %) |
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| Open | High | Low | Volume | ||
| $6.53 | $6.58 | $6.51 | 732559 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LYC (ASX) Chart |