LYC 1.00% $6.04 lynas rare earths limited

Increase in spread / volume to the down today which I guess...

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    Increase in spread / volume to the down today which I guess makes yesterday a bit of no demand. Also seem to be in that familiar position with LYC where everyone's waiting for the announcement that's gonna rescue their bad trade. Below 59c we make a lower low and probably tip a lot of potential supply above over the edge. Downtrend line not far above, seem to be running out of wiggle room. For such as long term downtrend, I think there's a good chance there'll be some capitulation selling (shakeout) before it breaks, but maybe they're just boring people into selling and the downtrend will break while everyone slips into comas watching it flatline :)
 
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