LYC 2.86% $6.11 lynas rare earths limited

where's my tol tuesday?, page-30

  1. 1,146 Posts.
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    Just remember, since our last TOL announcement we've had:

    - Lower high
    - Lower low
    - Lower high
    - Lower low
    - Lower high
    - Lower low (86.5c and major support)
    - Lower high ($1.125)
    - ???

    Major support at 86c hadn't been visited since September last year before our last lower low, so it was a logical place for shorts to cover and go long with the anticipation of Ongkili giving the TOL within two weeks. Now we're back there after a lower high. You'd think there's a good chance we make another lower low. Hopefully not, but nothing in the pipeline in terms of announcements for a while, more delays for PSC debate - surprise, surprise, so shorters have a nice window I think. Could be wrong of course.
 
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