LYC 0.00% $6.40 lynas rare earths limited

Today's chart & trading, page-2220

  1. 7,451 Posts.
    lightbulb Created with Sketch. 501
    I am not disagreeing with what you say. I will point out that you have to go back to May 13 2019 to find volume as low as the last 3 days. My guess is market is just waiting for something to happen before making up its mind on what to do next. 1.33M shares divided by 695M shares = 0.19% not the kind of volume to make any chart bassed decisions on.

    https://hotcopper.com.au/data/attachments/1761/1761073-4a56d65a9b3f4a52adfa42acc73b464a.jpg

    It is not just Lynas many market volumes are off and this is in October. October and November are usually the most active months of year followed by January. . ASX 200
    https://hotcopper.com.au/data/attachments/1761/1761076-b39c3944fc4dcc9092bf2cfa89f29cb9.jpg
    October is a strange month on one hand some of the worse crashes have happened in OCT.


    "Proponents of the October effect, one of the most popular of the so-called calendar effects, argue that October is when some of the greatest crashes in stock market history, including 1929's Black Tuesday and Thursday and the 1987 stock market crash, occurred.Jun 25, 2019" I will add 2008 some say september but many say October. Now against this is that if you take monthly rise first of monthe to last in spite of these crashes October has the highest gains of any month averaged over 100 years. Just triva but interesting.




 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.