LYC 2.86% $6.11 lynas rare earths limited

* bullish engulfing, page-23

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    * Signal Update *
    Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed the confirmation level which was at 0.3200, and our valid average buying price stands now at 0.3220. The previous SHORT recommendation was issued on 11/11/2013, 8 days ago, when the stock price was 0.3430. Since then LYC.AX has fallen by -6.12%.

    * Market Outlook *
    The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.

 
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