LYC 0.00% $6.40 lynas rare earths limited

alkefguymitta3john riskHi guys, I am no chartist. What's to say...

  1. 473 Posts.
    alkefguy
    mitta3
    john risk

    Hi guys, I am no chartist. What's to say it is not going to test the low of 0.53 on the 7/2010 or even further down to the range of 0.39-0.47 from 2009. As it is at the moment the fear factor is pushing this run with all the negatives we know. I think it will definately test the low of 0.53 on the short term. I am not a down ramper, was hoping to get in at 0.61( on the head & shoulder) days before the court case but missed out, when it went balistic just before the case to 0.81. I have learn from my experience not to go chasing a run. Hoping to get in at the 0.4 range. This is high possibility given the unknown factors & time it will take to get a result in Malaysia. This is an excellent company except for the court case. Can't say the same about the management or the investor relation department.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.