LYC 2.63% $7.99 lynas rare earths limited

early trade., page-42

  1. 22,593 Posts.
    Hi retire

    Not sure how all the T-day stuff works, but if you're able to view an intraday chart, look way back over to the opening TOL day action and try and think whats going on in that early frantic action. ie. who's buying/selling etc and who may still be there trapped or otherwise

    Then look at the action over the first say 30mins (on a small timeframe) and you'll see a LSH, thats the area of most resistance and its amazing how it seems to work most of the time, sometimes you may need to analysis the volume with some of the bars to narrow down the important close, which will be your resistance level projected into the future, ie. where we topped and lost the skirmish today

    cheers

    asheerwah, I'll have the cartoon wink 3times, that okay ?

 
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