LYC 1.14% $7.80 lynas rare earths limited

Technical, page-1457

  1. 233 Posts.
    lightbulb Created with Sketch. 27
    Closed the week at $8.30, tried to get above the 50 week EMA but got rejected by it at $8.46. As of right now, the downtrend still is intact, so technically the bears are still in control despite the recent counter trend rally. If we rally next week to the $8.50 - 8.80 area, that will be some interesting viewing to see the bulls and bears fight out the critical support/resistance zone. Overall market movements will also play a part to sentiments broadly, let's see how we go next week. Have a good weekend holders!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.