LYC 1.17% $6.74 lynas rare earths limited

channel lines, page-13

  1. 1,867 Posts.
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    John, thanks for your analysis but the trouble with pointing out support lines and potential DB's the way you have is that people want to target them.

    I only made a minor comment on a potential DB as an aside in my opening post as part of a broader ranging discussion of the technical position of the stock. But it seems to have been focused on because its a widely known reversal pattern that people understand. I sort of regret raising it as it's a distraction from more relevant analysis. I think those patterns are best left to resolve themselves as they will.

    The key for this stock for the moment is actually fundamentals as we are only 4 trading days from release of the quarterly. That will drive the short term direction and im not expecting the stock to do much before then.
 
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