LYC 1.47% $6.88 lynas rare earths limited

Big news will always upset charts.   Charts are great for...

  1. 1,613 Posts.
    lightbulb Created with Sketch. 122

    Big news will always upset charts.   Charts are great for stable situations.   Any impulse hitting a stable system will always cause change.   This get far worse when system is small or impulse is large.   This is not just the stock market.   It is a storm  on the sea.  A car being hit while cruising the highway.  An elaborate control system when sudden change hits it.    A large tree falling in a forest.   This does not mean it cannot be predicted or planed for.  It just means to predict it and plan you must look past the system itself.     This is the number one problem with charts they are great at predicting the future as long as future is like past.   Any disruption cause the system to fail. 

     
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.88
Change
0.100(1.47%)
Mkt cap ! $6.552B
Open High Low Value Volume
$6.81 $6.93 $6.74 $19.63M 2.851M

Buyers (Bids)

No. Vol. Price($)
2 14245 $6.88
 

Sellers (Offers)

Price($) Vol. No.
$6.89 157125 9
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.