LYC 1.99% $7.65 lynas rare earths limited

todays chart, page-98

  1. 983 Posts.
    Unfortunately, CC I have no background knowledge in falling wedge continuation patterns. My initial thoughts centered on the possibility that on the weekly charts it looked like a C & H formation but @Wayward1 suggested that it was unlikely due to its jagged base formation. I also did consider a bull flag formation as a possibility, the mast extending all the way from late October 2016...flag now completed.

    I'm heartened by the fact that the sp bounced off the bottom of the trend channel today. Hopefully @Wayward1 might be able to shed some light as to whether that support bounce is convincing at this point.
 
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