LYC 0.00% $6.40 lynas rare earths limited

looks like a floor has been reached on share p, page-8

  1. 22,593 Posts.
    sarcophagus, don't be too surprised I like the counter trend trades, actually they are on top of the list :)

    imo If the markets had not got side swiped... Materials, Banks, Gold etc 3-4% off, LYC would still be doing okay

    Here are some of our major cap stocks that got belted in excess of 3%, up to 7% ..... LEI FMG RIO CBA WBC AMP NCM CTX ILU QAN

    Today will rank as one of the top, if not the biggest fall across our markets for quite a while, LYC simply got swept along

    I like to pyramid into my trades, that goes for both longs and shorts, and that potential strength that's above us is still there

    btw, here's an update to my systems LYC trade, atm up abt 36%

 
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