Have a few charts, the Ree Leaders, plus one for REMX and LYC.
Further to this mornings comment abt REMX, its action today is what we call a potential 'bag holding' day, will it hold or not. Its similar in theory to when the price is capped heading higher with extreme volume and narrow spread which is a good giveaway that the pros are selling, is this the opposite. More importantly will this have an effect on the likes of LYC MCP and others. Also is it the complete opposite of what they did back abt 10May, that was to hit LYC AVL QRM REMX & MCP with good supply
LYC has a potential wee little 'no supply' bar happening, maybe timmo will get their HL, that is if the price can clear 30.5c in the near future.
dyor
LYC Price at posting:
28.0¢ Sentiment: None Disclosure: Held
