LYC 2.34% $6.26 lynas rare earths limited

Thanks mitta, the only thing I thought worth mentioning is that...

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    Thanks mitta, the only thing I thought worth mentioning is that when the SP broke major support back on the 14th September it did so on high volume, not very high or ultra high volume. However, this time, we broke through on ultra high volume, which suggests Wednesday could be a selling climax rather than the start of another big down move. Also, the pessimism on the LYC threads is palpable (with some long term Lynas heads throwing in the towel), which is also indicative of a selling climax. I guess we'll probably have a better idea of what we're in for after today.
 
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30 26859 $6.25
 

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