LYC 1.30% $7.61 lynas rare earths limited

$4 club, page-6

  1. 1,146 Posts.
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    Looking at just the last three months, if you had just traded a few of the big moves:

    $1.51 - $2.35 (84 cents)
    $1.73 - $1.965 (23.5 cents)
    $1.84 - $2.33 (49 cents)

    ,you could have pulled $1.56 out of Lynas. Realize that's a fairly simplistic view of the advantages of technical analysis, but the successful technical traders could easily be on their way to their own $4 party well before production.

    My personal goal is to keep some powder dry and wait for the next blood bath (tree shake) then buy big. Anyway, pretty hard to go wrong with Lynas either from a technical or fundamental view point over the next 6 months.
 
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