bleeding has stopped, page-3

beg to differ cheapcharlie. Draw a trendline down from the 2nd Feb 2012 high and you will find that LYC broke this long term downtrend with the 15% spike up in price on the 7th Jan. Even after 4 days of drifting lower it is still higher than the downtrend line on much lower volume than the up day and I would expect the stock to trade higher next week and break this Mondays 74c high on positive news which is due imminently. This will result in a new higher high above 74c and real confirmation of a break in the long term downtrend. I have no doubt 2012 will be a year to forget for Lynas and 2013 will be one to remember.