LYC
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2.86% $6.11 lynas rare earths limited

James is pointing at possibilities of a 100% retracement to...

  1. ausheds
    19,584 Posts.
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    25/02/13
    12:04
    Post #: 11462190
    James is pointing at possibilities of a 100% retracement to either 2010 or 2009 levels, not zero.

    Both remain valid while the downtrend is intact.

    2010 target is definitely a chance IMO, maybe intraday, but I'll be placing a buy order there on a break of 55c.
    LYC Price at posting: 58.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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