LYC 0.30% $6.76 lynas rare earths limited

surely this puts a floor of 75c on the price, page-29

  1. 12,525 Posts.
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    Just to explain...

    55c = Fibonacci number, also happens to match 12mth low of 56c.

    89c sell target = Fibonacci number, also happens to match the strongest 6mth resistance/support @ 90c.

    72c = 50% move from 55c to 89c, also happens to match the last traded price before the recent gap up to circa 80c.

    I like maths.
 
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