LYC 1.39% $6.56 lynas rare earths limited

I think it is time not to look at Lynas charts but charts that...

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    I think it is time not to look at Lynas charts but charts that consider market sentiment. It is changing from bullish to bearish for all stocks not just Lynas. Or maybe go back to the old stand buys 50, 100, 200 day MA. Today the the 50 day MA is 9.55 Both its velocity and Acceleration are positive. If Lynas 9.84 falls below 50 day that is seldom considered a good thing. My guess one or two days with how bearish the market is becoming it will happen. Now 50 day MA Acceleration is still positive. There was a was a several day dip starting Nov 24 At that point depending on where the price is Acceleration may go negative till 12/22, +50 days unless SP is below 8.50. which I think it will be then it will stay negative. My prediction based on loading 2 year of Lynas's SP into a spread sheet and doing a bunch of math and charts on them that go to end of Febuary. The SP will be below 50 day MA by end of week or sooner. The acceleration of the 50 Day Ma will turn negative in the next 10 days. The velocity will go negative about 10 ~ 15 days after that. Now I am going to go way out on a limb. the SP price will cross the 100 day MA. By end of Febuary. I include in my estimates the SAR but as we saw with Q2 report good news is not a competitor with market sentiment. (I have learned that metrics are not a good competitor for sentiment as well) The 50 day MA will also cross the 100 day MA about the same time as SP but right now picture is a little fuzzy so not sure if before or after. I do not think I need to tell you what happens to historical support levels when both the price and 50 day MA are below 100 day MA

    I want to thank the many people that told me how badly I missed things over the last few years. I knew 10~ 30 years ago just now important market sentiment was. in last ten years I have become very focused on metrics and have missed some big opportunities. I hope I can find the right point between sentiment and metrics I am trying.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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