LYC 2.86% $6.11 lynas rare earths limited

NdFeB better off, page-5

  1. 3,237 Posts.
    thank you for the opportunity CEO Chair

    LYC has formed an "Inverse Head and Shoulders Continuation Pattern"

    Target is measured from the breakdown through the neck line - it is the same distance as the head to the neck line

    On this basis this baby is on it's way to 4.8 cents from here
    lyc 4.8.PNG
    has to break back above the neckline to negate the pattern

    head and shoulders are very very reliable chart patterns

    4.8 cents here we come by the way that big gap between 5.8 and 6 cents will act like a magnet till it's filled

    enjoy the slide

    like I said:- you can pump as much you like, but you can't pump up a burst Tyre - and so t is with Lynas
    Last edited by longtermlegs: 10/08/16
 
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