LYC 1.15% $7.71 lynas rare earths limited

Today's chart & trading, page-149

  1. 421 Posts.
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    I'm still holding out for the 200 day MA as my first buy point. I haven't sold any and don't plan on it, it's too hard to call a bottom. This thing could shoot up rapidly on good news. IMO, now is the time to buy more. I'm even more confident than ever it will tag the 200 day, that's my first layer of buying. If that doesn't hold then a gap fill, indicated by the arrow, is my second. If the gap fill doesn't hold as support, I'll wait until I see something that says bottom. I don't see it yet. I will add more on the way up from where price bottoms. The fundamentals are strong and I still think Lynas learned from the last time they sat on their butts rather than confront alarmists peddling bad info.
 
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