LYC 1.15% $7.71 lynas rare earths limited

was that a sos week ta @ $1.27, page-3

  1. 22,593 Posts.
    "...narrow spread downbar with low vol = bullish?

    ndl, yes in it's simplest form, well done

    BUT to add more it has to be in the correct place ie. with strength in the near background will give it more clout

    Atm we're close to a resistance level, strong one by the looks and today the markets have DONE NOTHING so it's not really us that are producing this small sign of inactivity it's everyone waiting, I guess for that EU meeting

    BHP is attempting to once again take on their morning highs hope they succeed

    on the other hand from an EOD perspective LYC doesn't really want to close higher than yesterday on this low volume

    if it did close as a low volume upbar (no demand) we would have 2 in a row, ahh careful, much better to go to sleep or really rip lower, have a mini shakeout and close up here this arvo(as a down/level closing bar), that imo would make us stronger in prep to take out this resistance

    have a little arvo armageddon :))

    seems to be the new catchphrase of late
    VSA (very silly aspirant)

    ah lock me up and throw the key away
    but I can pay by credit card VISA
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.