LYC 0.45% $7.72 lynas rare earths limited

monday 4th july sp, page-19

  1. 22,593 Posts.
    top reversal, a sign of weakness ie. it happens at the top and reverses back into the previous bars spread closing mostly lowish

    I'd be looking for any further signs of weakness at the level the second down bar closed

    remember though were only looking at a small timeframe ie 15min

    following on from our potential top reveral 15min bars we've had a narrow spread lower volume upbar, which is like a no demand

    will be interesting to see what the next bar does ie if it try's to go back up on lessening volume as well

    Nbaz, if you look at your chart, back at 3/4Mar, that's something like a top reversal
 
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