LYC 1.15% $7.71 lynas rare earths limited

2013, the adventure begins , page-32

  1. 7,580 Posts.
    lightbulb Created with Sketch. 2098
    I would like to buy into this debate.

    * Firstly I put this up on the 23rd Dec

    http://hotcopper.com.au/post_single.asp?fid=307&tid=1913561&msgid=11162883

    I do not think that proves anything ... but the point I am trying to make is many of the people who are not conversant with charts would like some simple, straight forward position stated.

    Likewise this is the LYC chart as I see it today. If I thought the company had good fundamentals THE question on my mind is what are the risks if I buy today. My answer is the momentum is positive ATM. It looks to me the SP is going UP ... [IMO].

    The FA guys stick their neck out and state VERY clearly that a stock is good value [or not] ... I think the TA guys could do the same and give their honest assessments.


 
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