LYC 0.90% $7.70 lynas rare earths limited

LYC Chart, page-364

  1. 4,471 Posts.
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    I do need to apologise for this current backtrack, I topped up at 13c so this fall is my doing.
    What Lynas has done consistently over the last few months is surge upwards, then consolidate downwards for a few days before a pause and new cycle begins.
    If the pattern holds true then tomorrow or Friday should be the end of the down cycle and the stock can take a breather, hopefully then busting through 14 and 15c.
    I think Lynas is still an excellent stock, well positioned and with far less risk then the November 2015 peak, though not out of the woods by any means.
 
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