The Trend is Your Friend.
This is why prices move in trends.
Take this chart of BHP. Although the price jumps up and down in the short term, we can discern definite underlying trends that go on for months. When the overall market perception of this stock is negative, the trend is down — and that down trend will persist until this market perception changes. Likewise for an up trend — it will remain in effect as long as market perception remains positive, despite short term ups and downs.
We are very close to the start of a new up trend, all the "DUCKS ARE STARTING TO LINE UP" and the markets perception of Lynas will change
For all of us Long Termer's the expression"No pain, No gain" could not be more true....hang in there we don't have much longer to wait!!!
trend is your friend until it bends
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 (20min delay)
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |