LYC 1.22% $6.25 lynas rare earths limited

Mitta,If I understood correctly, this 2 bar reversal combination...

  1. 116 Posts.
    Mitta,

    If I understood correctly, this 2 bar reversal combination is Japanese candle chart pattern. However, I think yesterday and today bar combination is opposite to the one described in reversal pattern...

    Anyway, I am happy that it did not go above 0.73 today. From end of June I was hoping it could form a new tr on daily time frame (minimum require 34 trading days to form) but was ruined by all the naughty up bars with wide spread. If it goes above that again any time soon, need to consider the suitable price for profit taking, hedging, shorting etc.
 
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