LYC 2.86% $6.11 lynas rare earths limited

monday musings, page-84

  1. 1,146 Posts.
    lightbulb Created with Sketch. 1
    Took me a while with LYC, but I try to follow these rules:

    - Sell the news.

    - Don't believe a word from Lynas or the Malaysian government re timeframes. It's wishful thinking on their behalf at best and flat out lies at worst.

    - There's always gonna be a shakeout on LYC to give you a great entry, keep some powder dry for it.

    - Just be patient, if it races away who cares, but chances are it's gonna get back down near major support and provide a nice entry.

    - Buy when everyone's crying on hotcopper, sell when they're all hi-fiving and talking $4 parties.

    - Follow mitta's posts, he's a gun at the TA stuff.

    Hope that helps :)
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.