LYC 3.88% $6.43 lynas rare earths limited

I know alot of people like to compare us to MP, ive often gone...

  1. 1,335 Posts.
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    I know alot of people like to compare us to MP, ive often gone to their chart many times in the past and salivated at their price .. BUT if i had to choose between the 2 with the way both have grown , I would choose Lynas over MP anyday ..

    From an investors perspective, the stead swing of swing up , retrace (rebuild accumulate) , swing up , retrace etc etc for Lynas is very very bullish and healthy .. Lots of support being built with each swing and retrace .. Hardly any big gaps as it moved up from 2 to 6..

    Compared to MP that has had some very weird swings and falls .. Its setting itself up for some big drops once the US market starts feeling the pain

    The way LYC grew over the last several months helped it to a green day when the entire ASX dropped almost 200pts and nearly every stock was red .. Strong institutional hands are holding LYC and are helping it grow steadily


    p.s. we've had a run of alot of green days, i would like to see some red bars and accumulations to build support at these current levels ... Health and steady growth is the key..


    https://hotcopper.com.au/data/attachments/2968/2968631-93eb4df29737f0a66d35383aae282c22.jpg


    https://hotcopper.com.au/data/attachments/2968/2968637-c28d3f5e84881f3db5cba3ca57519341.jpg

 
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Last
$6.43
Change
0.240(3.88%)
Mkt cap ! $6.010B
Open High Low Value Volume
$6.23 $6.45 $6.20 $20.00M 3.143M

Buyers (Bids)

No. Vol. Price($)
1 500 $6.40
 

Sellers (Offers)

Price($) Vol. No.
$6.44 5126 2
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Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
$6.41
  Change
0.240 ( 3.23 %)
Open High Low Volume
$6.23 $6.45 $6.19 855490
Last updated 15.59pm 29/04/2024 ?
LYC (ASX) Chart
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