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Hebe Chen from Vantage Markets shares insights on Lynas after China's rare earth export restrictions ease. Lynas (ASX:LYC) experiences an 8% pullback but remains a top performer, up 70% this year. Hebe observes a near-term pullback as healthy.
Qantas (ASX:QAN) sees a 40% two-month rise amid mixed signals, including Jetstar Asia's contract cuts boosting profits. Yet, Virgin IPO and rising oil prices pose pressure. Hebe highlights resistance at 1021 and near-term support at 964, with a long-term outlook remaining strong.
Tesla's (NASDAQ: TSLA) stock volatility follows Elon Musk's leadership antics. With a rollercoaster 60% rebound from April, shares falter below key moving averages. Crucial levels between 293-335 will test resilience. Leadership and fundamental catalysts continue as key risks.