LYC 2.81% $6.23 lynas rare earths limited

hanging by the bloody fingernails, page-4

  1. 1,232 Posts.
    Nothing to see here, move along, move along….sadly I’m seeing blood in the water at the moment….amazing how quick the tide changes but then again it was a thin green line.
    No green for us today, these small spread bars are doing very little for us and it is starting to look more like we are just in the downtrend as usual hmmm a couple of the boys have said quite rightly at least the volume has been going down, unfortunately not low enough we are starting to lose ground on far too high a volume. It’s very easy to get optimistic when we see a little strength appear after so much weakness in the background and that little strength we saw in the very short uptrend was exactly that very little, and it just fades away when we have the tide turn again. If you have it to cross, cross what you have.

    Having said that I have included the intra day at one minute which is interesting because it shows no demand as the price rose, allowing them to take it down lower then near the end it showed very moderate supply at 0.775 was that moderate supply low enough to stop them hmmm tomorrow's Friday.

    I put the weekly in as well, it will look worse without a solid up bar tomorrow :(


    By the way it looks like many love your work Mitta, best you stay here we need you :) sorry for the charts I’m running out of steam I’ll pace myself a bit better for energy and get photobucket happening again I promise.


    The minute waltz


    The daily double


    The weak as we saw it


    Friday is my favorite day
 
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