is the downtrend broken?, page-7

Sustained bullish activity driving it to +++50c or so over the next month or 2.

This would signify investment dollars rolling into LYC and valuing it much higher as a company rather than its current 600m market cap due to earnings and production figures.

The DT is not something that you will wake up tomorrow and it will be broken, it has been 2++years in a down trend and it will take months for it to start to dig its way out.

It gets slammed to these levels quite easily then those whom buy at low levels become resistance as it tries to head higher as they try and trade it for a few pips (sell at 32 and buy at 31c etc), threads emerge about shorters burning, rinse and repeat.

Its all sooooo boring.

Until someone decides this is an investment worthy of more than a few million we will continue to have small investors trade it.

Volumes of 10m shares are only a few million $$ investment and that is mostly small investors, we need volumes to crank up and the SP to crank up and when that happens in a sustainable manner we can say that someone with some serious cash is valuing this company higher as an investment.

DT is broken when investment is seen as more valuable place to put $$$.

Go have a look at a chart if you are talking trends then you will figure it out, you may even learn something eh??

Now can I go back to sleep like the LYC share price action.

SNOOOORE...zzzzzzzzzzzzzzzzzzzzzzzzzz