LYC 0.90% $7.70 lynas rare earths limited

where do you plan to buy?, page-29

  1. 2,072 Posts.
    Clemenm, a couple of people in the lynas camp spoil it for everybody. They were no doubt saying that the price could not go to a dollar when we were $2. You called it, some just have their head in the sand.

    Anyway, by memory (no chart in front of me), an all time oblique trend line sits as support at around 85 - 87c (I think, can confirm later). If this breaks, it's usually for a reason and price could go anywhere between here and 50 - 60c ( next major support by memory again).

    However, noting my other post about the shorters declining, and that trend line I just spoke of, I would be surprised if it goes lower than that other than an immediate shakeout maybe over a day or two.

    Nothing will surprise me anymore. I've got very use to market madness.

    Ps nothing wrong with your post. It is in fact UPRAMPERS who " will try any and all tactics for LYC"
 
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