LYC 1.30% $7.61 lynas rare earths limited

REMX, page-9

  1. 983 Posts.
    Sorry @CEOChair, been in and out all day. No trading for me, so have not had a look at the charts. But, it has tested that 6.4 support on a multiple of occasions...perhaps it wants to do a double tap on 6.2. I would like to believe that this is it, but with EOFY selling under way...who knows.

    MMM mentioned upside down cup and handle, and I have been watching. I've checked the stats, and it generally only has about an 8% chance of playing out, and when it bounces or reverses it can be quite explosive...who knows. When you think you have the LYC chart pegged, a spanner is thrown into the works.

    But, I'm still an inexperienced chartist, and would have to defer to you or any number of others here with more experience.
 
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