LYC 2.86% $6.11 lynas rare earths limited

mitta's spring, page-20

  1. 1,146 Posts.
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    Well you're not gonna get a spring until support is breached and the last time we were at support was 8 trading days ago, which is probably why you've been waiting for the spring for days now lol :)

    The spring forms when the pros take the price below support to run stops, trick amateur shorts into taking a position then having to cover adding fuel to the up move.

    Not saying a spring is definitely going to form, but if it does, it's bullish. They may just break through support and keep going.
 
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