LYC 0.39% $7.75 lynas rare earths limited

lamp going out for lynas article, page-27

  1. 234 Posts.
    i dont like to pay more attention on this article, but on the potential further delay, at least until the 10th of the next month. one more month again.

    i do believe the sp will go down if no tol, but not 20cents, around 65cents in one or 2 weeks is really possible, however, more sources turn out to indicate that the GE will be held the mid of next month, the day the election finishes (najib wins), the bright day for us. when lynas starts producing, the sp will be re-rated.

    but in the very short term, lynas is a bit bearish, if the support level @0.75 breaks tomorrow, it's a time to confirm sell at least for me. see how's going. stop loss might be useful for the coming trading days...

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.