|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Lynas Corporation (LYC.AX)
COLES RALLY DAY
Trading: BUY @ $2.26
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Lynas Corporation (ASX:LYC): Coles Rally Day (HH)
Roger Cole devised a method to use rally and reaction days. Cole disregarded inside and outside days to find three rally days in a row or three reactions in a row. This is like three soldiers or three crows in candlestick pattern analysis, except Cole allowed for inside or outside days to intervene. Three soldiers and three crows, while rare, are extremely reliable. So Cole gave us some relief from a strict definition, but traded off increased frequency at the expense of reliability. Cole also used moving average crossovers to augment the two-day (rally, reaction, inside, outside day) results.
Calculation: Coles Reaction Day:
1) Rally Day: High > High yesterday & Low > Low yesterday;
2) Reaction Day: High > High yesterday & Low < Low yesterday
PROFILE: Lynas Corporation (LYC.AX)
Stock Exchange: ASX
Company: Lynas Corporation
Ticker Codes: | LYC.AX | ASX:LYC |
Lynas Corporation Limited, together with its subsidiaries, engages in the exploration, development, mining, and processing of rare earth minerals in Australia and Malaysia. The company holds interest in the Mount Weld project in Western Australia. It also owns and operates Lynas advanced materials plant located in Malaysia; and Mt. Weld concentration plant located in Western Australia. The company was incorporated in 1983 and is headquartered in Kuantan, Malaysia.
|MTO Moto Goldmines||1.29||9.3||114,410||-1||BEARISH|
|BLX Beacon Lighting||1.17||5.9||830,823||-1||BEARISH|
|GCY Gascoyne Resources||0.04||2.6||611,112||-1||BEARISH|
|PNC Pioneer Credit||2.59||2.4||107,121||-1||BEARISH|
|AGI Ainsworth Game Technology||0.82||1.9||43,547||-1||BEARISH|
|REA REA Group||93||1.8||339,666||-1||BEARISH|
|AQG Alacer Gold Corp||4.27||0.7||121,185||-1||BEARISH|