LYC 2.20% $7.20 lynas rare earths limited

monday musings, page-32

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    ndl3ss - I thought today looked weak (big volume upthrust), but with such a big gap up, profit taking is expected. We also went right up to $1.01 which is just under the big supply zone between $1.015 and $1.035 I mentioned earlier, so probably got hit with a lot of supply from there too, trapped punters wanting out. Good thing is we filled the gap, one less reason to go down, but we're still in a pattern of lower highs and lower lows so today could just end up being another lower high. Pretty much a wall at $1 now, then the big volume zone at $1.015 to $1.035, be nice if we could just gap over the lot. Where's that TOL announcement? :)
 
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