Agree, can see some support around 80c, but none of the Lynas related news or even price data is the real driver in the share price. Its opportunistic shorters who scare the hell out of support lines and the general theme that asset prices and commodities are slowly declining in line with world growth (as it is right now).
Its going to be very difficult for any holder or buyer to make money, in these current conditions and i suspect we are going lower. Europe has major problems right now, QE3 will provide some temporary support, lets see how it pans out.
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Agree, can see some support around 80c, but none of the Lynas...
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$5.93 |
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Open | High | Low | Value | Volume |
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15 | 29598 | 5.900 |
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Price($) | Vol. | No. |
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