LYC 3.27% $5.91 lynas rare earths limited

os breaks trendline, page-8

  1. 22,593 Posts.
    hi resourced

    About 8M in volume in the opening intraday bar which is of course BIG

    Atm its left a 3cent gap beneath us back to the high of yesterday at $1.02

    Its trying to take on the High of 01Jun at $1.075 or it could be atm being sold into by the pro money, not sure yet.

    If over the next few bars we can hold the low of $1.05 we then may spurt higher,

    if not well the gap is beneath us and of course that doesn't mean the gap will stop the fall if this is heavy disguised supply/selling by the pros.

    will post an intraday chart latter if wanted
 
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