LYC 2.86% $6.11 lynas rare earths limited

*buy* bullish harami

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    Signal Update
    Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed the confirmation level which was at 0.3050, and our valid average buying price stands now at 0.3100. The previous SELL recommendation was issued on 30/12/2013, 8 days ago, when the stock price was 0.3055. Since then LYC.AX has risen by +1.47%.

    Market Outlook
    Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.

    BULLISH HARAMI
    Pattern Description
    This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”.

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