LYC 0.00% $6.40 lynas rare earths limited

.60 cents looks like a critical level?

  1. 473 Posts.
    alkefguy
    mitta3
    john risk

    Hi guys, I am no chartist. What's to say it is not going to test the low of 0.53 on the 7/2010 or even further down to the range of 0.39-0.47 from 2009. As it is at the moment the fear factor is pushing this run with all the negatives we know. I think it will definately test the low of 0.53 on the short term. I am not a down ramper, was hoping to get in at 0.61( on the head & shoulder) days before the court case but missed out, when it went balistic just before the case to 0.81. I have learn from my experience not to go chasing a run. Hoping to get in at the 0.4 range. This is high possibility given the unknown factors & time it will take to get a result in Malaysia. This is an excellent company except for the court case. Can't say the same about the management or the investor relation department.
 
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