LYC 0.39% $7.75 lynas rare earths limited

* bullish engulfing

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    BULLISH ENGULFING
    * Pattern Description *
    This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...

    * Signal Update *
    Our system’s recommendation today is to STAY SHORT. The previous SHORT recommendation was issued on 11/11/2013, 4 days ago, when the stock price was 0.3430. Since then LYC.AX has fallen by -6.71%.

    * Market Outlook *
    With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls.

    http://www.aussiebulls.com/SignalPage.aspx?lang=en&Ticker=LYC.AX

 
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